Fully leased plaza to a variety of professional and service-based tenants and recently achored by a Montessori just beginning a 10-year lease. The Property has a 6.2 year weighted average lease term, and the Buyer has the opportunity to increase rental value through lease escalations or for a user to occupy a portion of the building as leases turnover. Vendor previously received approval to develop 14 townhomes and 1 detached house. Situated on 1.04 acres of land within proximity of Mt Joy GO Station. |
Extras: Recent renovations include: new asphalt, updated sidewalk interlocking and new rooftop HVAC units on 20 Fincham Ave building. |
Price | $7,900,000 |
Taxes: | $58758.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 10-20 Fincham Ave , Markham, L3P 4C8, Ontario |
Postal Code: | L3P 4C8 |
Province/State: | Ontario |
Legal Description: | PCL BLOCK 20-1, SEC M1908; BLK 20 & PL M |
Directions/Cross Streets: | Markham Rd/16th Ave |
Category: | Retail |
Use: | Service Related |
Building Percentage: | Y |
Total Area: | 12690.00 |
Total Area Code: | Sq Ft |
Retail Area: | 12690 |
Retail Area Code: | Sq Ft |
Approximatly Age: | 16-30 |
Sprinklers: | Y |
Soil Test: | Envirn Audit |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Elevator Lift: | None |
Sewers: | San+Storm |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
COLLIERS |
|
Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | York |
Municipality: | Markham |
Neighbourhood: | Markham Village |
Approximate Age: | 16-30 |
Tax: | $58,758 |