$1,639,000
Available - For Sale
Listing ID: N12609000
4300 Steeles Avenue East , Markham, L3R 0Y5, York
| Own a fully leased food court unit in Pacific Mall, North America's largest indoor Asian shopping centre an iconic cultural landmark where generations have gathered. This investment features 3 food stalls, a 64-seat dining area. Generates over $198,000 in annual rental income (over$360,000 when combined with other listing MLS #N12107338, with 6 stalls total), with strong net returns and a cap rate of over 6.25%. Prime second-floor location beside elevators and escalators ensures maximum foot traffic. Pacific Mall offers surface and underground parking and consistently draws high visitor volume. Strategically positioned on the Markham-Scarborough border, it attracts loyal local shoppers and steady tourist traffic. Buy a piece of memory an opportunity to invest not just in a thriving business, but in a place where visitors come to taste nostalgia, reconnect with culture, and experience a slice of home. A rare chance to own a part of a true landmark. Must be purchased with MLS#N12107338. (Photos have been slightly altered to protect privacy of vendors.) |
| Price | $1,639,000 |
| Taxes: | $22710.78 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $2770 |
| Occupancy: | Tenant |
| Address: | 4300 Steeles Avenue East , Markham, L3R 0Y5, York |
| Postal Code: | L3R 0Y5 |
| Province/State: | York |
| Legal Description: | YORK REGION CONDO PLAN 890 LEVEL 2 UNIT |
| Directions/Cross Streets: | Kennedy And Steeles |
| 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 |
| Category: | Commercial Condo |
| Use: | Hospitality/Food Related |
| Building Percentage: | F |
| Total Area: | 2112.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | F |
| Franchise: | F |
| Days Open: | O |
| Employees #: | 0 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| CENTURY 21 ATRIA REALTY INC. |
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | York |
| Municipality: | Markham |
| Neighbourhood: | Milliken Mills East |
| Tax: | $22,710.78 |
| Fireplace: | N |
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