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$3,998,000
Available - For Sale
Listing ID: N8257522
Prime Location! Highway 7 And Markham Road - Great Investment Property With Future Redevelopment Potential In Upscale Markham Village! 2 Freestanding Commercial Buildings On A Half Acre Corner Lot With Excellent Street Appeal And Exceptional Exposure. Clean, Well Managed And Very Well Maintained 2 Separate Professional Office Buildings With 2 Addresses And 30+ Available On Site Parking Spots. Lots Of Improvements Done In The Last Few Years (Roof 2019). The Property Is Tenanted With Good Quality Tenants And Stable Income In-Place. Amazing Opportunity To Add Value! Increase Rents And Generate More Rental Income Or Completely Redevelop The Entire Site Into A Mixed Use 6+ Storey Building With 52+ Units. Official Plan Designated Mixed Use (Commercial/Residential).
Extras:   Prime Location, Corner Half Acre Lot, 2 Commercial Buildings On Property, High Demand Area With Great Exposure, Excellent Street Appeal, Good Quality Tenants, Lots Of Available Parking Spots On Site, Rent Increase & Development Potential.
Price $3,998,000
Taxes: $38,965.47
Tax Type: Annual
Occupancy by: Tenant
Address: 6060-70 Highway 7 East , Markham, L3P 3A9, Ontario
Postal Code: L3P 3A9
Province/State: Ontario
Legal Description: LOT 1 BLOCK Q PLAN 157; PART LOT 1 BLOCK
Lot Size: 127.47 x 165.16 (Feet)
Directions/Cross Streets: Highway 7 E & Markham Road
Zoning: C3 - Commercial
Category: Office
Use: Professional Office
Building Percentage: Y
Total Area: 13,180
Total Area Code:  Sq Ft
Office/Appartment Area: 12302
Office/Appartment Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Franchise: N
Sprinklers: N
Rail: N
Clear Height Feet: 8
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE YOUR COMMUNITY REALTY

6060-70 Highway 7 East , Markham, L3P 3A9, Ontario


 
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At a Glance:
Type: Com - Office
Area: York
Municipality: Markham
Neighbourhood: Old Markham Village
Style:
Lot Size: 127.47 x 165.16(Feet)
Approximate Age:
Tax: $38,965.47
Maintenance Fee: $0
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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