Markham L3P 1A5
Canada

Property

Ownership: For Sale
Type: Unknown
Pets: No Pets Allowed

Financials

Price:C2,950,000
($2,139,428)
(€1,825,980)
Annual Taxes:C21,002.37
505 Park Ave, New York, NY 10022

Free standing investment property with prime exposure on Highway 7.

    Description

    Free-standing investment property with prime exposure on Highway 7. Former Tom's Burgers with many permitted uses. 1,800 sf main floor plus 1,500 sf basement. Clean environmental done in 2020. Currently leased to a top brand franchise. Tenant willing to stay or will consider selling the business if purchaser wants vacant possession. Current lease until June 2032 with escalations, with two - 5 year options to renew with strong franchise covenants. New roof shingles, downspouts, all new electrical, and main floor flooring installed in 2022.

    Amenities

    • Major Highway
    • Public Transit

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.