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352 Main Street Markham N

Main Street Markham NOld Markham VillageMarkhamON, L3P 1Z1

4
Beds
6
Baths
3,500 - 5,000
Sq. Ft.
$3,100,000
List Price
352 Main Street Markham N, Markham, ON - 1 of 3
352 Main Street Markham N, Markham, ON - 2 of 3
352 Main Street Markham N, Markham, ON - 3 of 3
32 days on market

Quick Summary

  • Newly built 3-storey residential/commercial building
  • Fully leased commercial units on main floor
  • Spacious paved driveway with ample parking
  • Large finished basement with high ceilings
  • Prime location near shopping, restaurants, GO station
  • Excellent 5.3% CAP rate for investment return
  • Fully equipped with appliances and HVAC
  • Separate utility meters for each unit

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... Show More

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. 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.

Property Details

Size

3,500 - 5,000 sq. ft.
9 total rooms
4 Beds
4 Above Grade
6 Baths

Parking

9 Parking Spaces
None

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Brick, Other
Foundation
-
Builder Name
-
Stories
-
Flooring
Tile Floor, Laminate
Roof
-

Heating & Cooling

Heating
Other
Cooling
Central Air

Utilities

Water
-
Sewer
Sewers
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Rooms

Office

12′1″ x 57′5″

Office

10′0″ x 32′3″

Br

10′6″ x 11′11″

Living

11′5″ x 13′9″

Dining

11′5″ x 13′11″

Kitchen

9′6″ x 11′11″

SHOW MORE

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$15,323

Source

Listing Brokerage

MLS® Listing
N11241720
Last Updated
November 27, 2024
Brokerage
ROYAL LEPAGE YOUR COMMUNITY REALTY
Call us 800-591-0566

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