Stabilized mixed use investment, rare free standing property located along high demand residential and commercial area Main Street North in Markham.


Property

Website:https://www.nestseekers.com/5450237
Address:
Markham L3R 2E7
Canada
Ownership: For Sale
Type: Unknown
Bathrooms: 2

Financials

Price:C2,080,000
($1,528,300)
(€1,305,700)
Annual Taxes:C8,368

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

Contact

505 Park Ave, New York, NY 10022