$2,950,000
Available - For Sale
Listing ID: N12045383
352 Main St N Street , Markham, L3P 1Z1, York
| 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** stainless steel fridges, stove,s b/i dishwashers, washers & dryers, exhaust fans. All electrical light fixtures, 7 a/c units, hrv/air handling units. Separate hydro meters for each apartment, commercials units & hallway area. |
| Price | $2,950,000 |
| Taxes: | $14981.78 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 352 Main St N Street , Markham, L3P 1Z1, York |
| Postal Code: | L3P 1Z1 |
| Province/State: | York |
| Legal Description: | Pt Lt 15 Con 7 Markham |
| Directions/Cross Streets: | Pt Lt 15 Con 7 Markham |
| 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: | Apartment |
| Building Percentage: | T |
| Total Area: | 4000.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 2600 |
| Office/Appartment Area Code: | Sq Ft |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Approximatly Age: | New |
| Washrooms: | 0 |
| Outside Storage: | F |
| Clear Height Feet: | 9 |
| Heat Type: | Other |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary Availa |
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| ROYAL LEPAGE YOUR COMMUNITY REALTY |
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At a Glance:
| Type: | Com - Investment |
| Area: | York |
| Municipality: | Markham |
| Neighbourhood: | Old Markham Village |
| Approximate Age: | New |
| Tax: | $14,981.78 |
| Fireplace: | N |
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