352 Main St N Street Markham ON L3P 1Z1
$ 2,999,900

Listing ID

#N12045383

Property Type

Investment

County

York

Neighborhood

Old Markham Village

Days on website

9

Description
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.
Location
Financial Information
List Price:  $ 2999900
Taxes:  $ 14982
Property Features
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
Listed By:     ROYAL LEPAGE YOUR COMMUNITY REALTY