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.
Address
352 Main St N Street
List Price
$2,999,900
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
3-Storey
Area
Markham
Sub-Area
Old Markham Village
County
York
Bedrooms
4
Bathrooms
6
Floor Area
3500 - 5000 Sq. Ft.
Lot Depth
165
Lot Size Units
Feet
Lot Width
60
Approx. Age
New
MLS® Number
N12045386
Listing Brokerage
ROYAL LEPAGE YOUR COMMUNITY REALTY
Basement Area
Finished
Postal Code
L3P 1Z1
Parking
Other
Parking Places (Total)
9
Tax Amount
$14,981.78
Tax Year
2024
Interior Features
Other
Heat Source
Other
Heat Type
Other
Cooling Features
Central Air
Construction Materials
Brick, Other
Direction Faces
West
Foundation Details
Other
Garage Type
None
Kitchens Total
4
Pool Features
None
Roof
Other
Sewer
Sewer
