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** 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. |
Price | $2,950,000 |
Taxes: | $14981.78 |
Occupancy: | Tenant |
Address: | 352 Main St N Stre , Markham, L3P 1Z1, York |
Directions/Cross Streets: | North Of Hwy 7 ,South Of 16th |
Rooms: | 14 |
Bedrooms: | 4 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Finished |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Office | 57.4 | 12.14 | Tile Floor, Bay Window, Pot Lights |
Room 2 | Main | Office | 32.31 | 10 | Tile Floor, Window, Pot Lights |
Room 3 | Second | Bedroom | 11.97 | 10.5 | Laminate, Closet, Window |
Room 4 | Second | Living Ro | 13.78 | 11.48 | Laminate, Window, Pot Lights |
Room 5 | Second | Dining Ro | 13.97 | 11.48 | Laminate, Combined w/Living, Pot Lights |
Room 6 | Second | Kitchen | 11.97 | 9.51 | Laminate, Window, Eat-in Kitchen |
Room 7 | Third | Bedroom | 11.97 | 11.48 | Laminate, Closet, Window |
Room 8 | Third | Living Ro | 13.97 | 10.99 | Laminate, Pot Lights, Cathedral Ceiling(s) |
Room 9 | Third | Dining Ro | 13.97 | 10.99 | Laminate, Window, Cathedral Ceiling(s) |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 3 | Second |
Washroom Type 2 | 3 | Second |
Washroom Type 3 | 3 | Third |
Washroom Type 4 | 3 | Third |
Washroom Type 5 | 2 | Main |
Washroom Type 6 | 3 | Second |
Washroom Type 7 | 3 | Second |
Washroom Type 8 | 3 | Third |
Washroom Type 9 | 3 | Third |
Washroom Type 10 | 2 | Main |
Washroom Type 11 | 3 | Second |
Washroom Type 12 | 3 | Second |
Washroom Type 13 | 3 | Third |
Washroom Type 14 | 3 | Third |
Washroom Type 15 | 2 | Main |
Total Area: | 0.00 |
Approximatly Age: | New |
Property Type: | Detached |
Style: | 3-Storey |
Exterior: | Brick, Other |
Garage Type: | None |
(Parking/)Drive: | Other |
Drive Parking Spaces: | 9 |
Park #1 | |
Parking Type: | Other |
Park #2 | |
Parking Type: | Other |
Pool: | None |
Approximatly Age: | New |
Approximatly Square Footage: | < 700 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Other |
Central Air Conditioning: | Central Air |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Utilities-Municipal Water: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE YOUR COMMUNITY REALTY |
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Book Showing | Email a Friend |
Type: | Freehold - Detached |
Area: | York |
Municipality: | Markham |
Neighbourhood: | Old Markham Village |
Style: | 3-Storey |
Approximate Age: | New |
Tax: | $14,981.78 |
Beds: | 4 |
Baths: | 6 |
Fireplace: | N |
Pool: | None |