352 Main St N Street Markham, Ontario L3P 1Z1
$3,100,000
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 5.3% 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. (id:50886)
Property Details
| MLS® Number | N11240568 |
| Property Type | Multi-family |
| Community Name | Old Markham Village |
| AmenitiesNearBy | Highway |
| ParkingSpaceTotal | 9 |
Building
| CoolingType | Fully Air Conditioned |
| HeatingType | Other |
| SizeInterior | 4000 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Highway |
| SizeDepth | 165 Ft |
| SizeFrontage | 60 Ft |
| SizeIrregular | 60 X 165 Ft |
| SizeTotalText | 60 X 165 Ft |
| ZoningDescription | Commercial/ Residential Rd4/o |
Interested?
Contact us for more information
Amir Jafari
Salesperson
187 King Street East
Toronto, Ontario M5A 1J5
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January 06 2025 08:00:32
Toronto Real Estate Board
Royal LePage Your Community Realty