352 Main St N Street Markham ON L3P 1Z1
Listing ID
#N12045383
Property Type
Investment
County
York
Neighborhood
Old Markham Village
Days on website
9
Great investment in Markham , This 3-storey residential/commercial building presents a rare and valuable investment opportunity. The property features six fully leased residential apartments and two leased commercial units on the main floor, making it a reliable income-generating asset. The commercial spaces (Fully leased) are ideal for professional offices, medical practices, beauty services, or a variety of other business uses, and include wheelchair ramp access for convenience. The property also boasts a spacious paved driveway with ample parking available at the rear, as well as an EV charger. Additionally, there is a large finished basement with high ceilings, windows, and two separate entrances, offering further potential . Located in a prime area near shopping malls, restaurants, the GO station, and major highways, this property is perfectly positioned for long-term value. With a solid 5.5% CAP Rate, it offers an excellent return on investment in a rapidly growing community. **EXTRAS** 6 sets of stainless steel fridge, stove, b/i dishwasher, washer & dryer, exhaust fans. All electrical light fixtures, 7 a/c units, hrv/air handling units. Separate hydro meters for each apartment, commercials units & hallway area.
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List Price:
$ 2999900
Taxes:
$ 14982
Air Conditioning:
Yes
Approximate Age:
New
Area Influences:
Major Highway
Garage Type:
Outside/Surface
Heat Type:
Other
Lease:
For Sale
Sewers:
Sanitary Available
Utilities:
Available
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Direct link:
https://www.search.durhamregionhomesales.com/listings/direct/6858ceee5aa13a3b4cb9ed443c2bfd8b
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Listed By:
ROYAL LEPAGE YOUR COMMUNITY REALTY
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Last Updated On:Friday, April 4, 2025 at 2:07 PM