Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bathrooms: | 2 |
Financials
Price:C2,080,000
($1,528,300)
(€1,305,700)
Annual Taxes:C8,368
Stabilized mixed use investment, rare free standing property located along high demand residential and commercial area Main Street North in Markham.
Description
Stabilized mixed-use investment, rare free standing property located along high demand residential and commercial area Main Street North in Markham.This income-producing asset features a ground-floor restaurant space and a self-contained residential unit above, both currently leased with stable tenants, Resturant tenant is owned by a fast growing burger chain, offering reliable and diversified cash flow. with total approx $8900/mth income, The property presents a competitive blended cap rate consistent with comparable prime mixed-use assets in the area.Excellent exposure within a well-established commercial corridor with high pedestrian and vehicular traffic.An ideal opportunity for investors seeking long-term hold, defensive income, and future upside in a high-demand, mature commercial node.
Amenities
- Available
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.