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352 Main St N Street Markham, Ontario L3P 1Z1

4000 sqft
Fully Air Conditioned Other

$3,100,000

This newly built, 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:58671)

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

https://www.realtor.ca/real-estate/27689412/352-main-st-n-street-markham-old-markham-village-old-markham-village

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