$588,688
Available - For Sale
Listing ID: N12043953
505 Highway 7 N/A East , Markham, L3T 7T1, York
| Level up your portfolio with this rare retail unit at the iconic Commerce Gate Plaza! Benefit from steady rental income from a long-term tenant operating a thriving bubble tea business. The unit faces the parking lot, offering plenty of foot traffic, and includes a washroom facility. With high-density residential and business surroundings, plus easy access to Highways 404 and 407, Commerce Gate is a popular destination for foodies! AAA Tenant Pays Rent + TMI + All Utilities. Minimal Management Required. Lease Terms to Be Negotiated Upon Conditional Offer, Tenant to pay $80 per sq ft. |
| Price | $588,688 |
| Taxes: | $2350.00 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $560 |
| Occupancy: | Tenant |
| Address: | 505 Highway 7 N/A East , Markham, L3T 7T1, York |
| Postal Code: | L3T 7T1 |
| Province/State: | York |
| Legal Description: | YORK REGION CONDO PLAN 892 LEVEL 1 UNIT |
| Directions/Cross Streets: | Highway 7 & Leslie |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Category: | Retail |
| Use: | Hospitality/Food Related |
| Building Percentage: | F |
| Total Area: | 364.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | T |
| Days Open: | O |
| Hours Open: | 10 |
| Employees #: | 4 |
| Seats: | 0 |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 ATRIA REALTY INC. |
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Bus:
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Fax:
416-981-7184
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | York |
| Municipality: | Markham |
| Neighbourhood: | Commerce Valley |
| Tax: | $2,350 |
| Fireplace: | N |
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