Markham L3R 2G1
Canada

Property

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

Financials

Price:C4,980,000
($3,578,400)
(€3,100,100)
Annual Taxes:C45,720.55
505 Park Ave, New York, NY 10022

Exceptional Opportunity For A User Investor Or Value Add Buyer To Acquire A Prominent Corner Property Fronting Main Street And Highway 7 At The Gateway To Unionville.

Description

Exceptional Opportunity For A User/Investor Or "Value-Add" Buyer To Acquire A Prominent Corner Property Fronting Main Street And Highway 7 At The Gateway To Unionville. Prime Location In The Heart Of Markham. The Property Comprises A 2,200+/- SF Converted House And A 7,120 SF Commercial Building (Converted House With Addition), Situated On 0.74 Acres Of Land. The Property Is 100% Leased To Three Established Tenants, Including A Spa, A Pottery Studio, And A Lawyer's Office, With The Vendor Currently Occupying The Second Floor (Will Vacate Or Can Lease Back). The Basement Offers Strong Income Potential Of Approximately $4,000 Per Month. The Entire Building Has Been Professionally Renovated Over The Pass Few Years. Offering More Than 5% Return On Investment, With Excellent Exposure And Quick Access To Hwy 404 And 407.

Amenities

  • Irregular Lot

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.