Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C2,200,000
($1,562,200)
(€1,372,800)
Annual Taxes:C18,277.83
THE CORNER OF HERITAGE amp ; OPPORTUNITY Prime Commercial Property For Sale Old Markham Village.
Description
THE CORNER OF HERITAGE & OPPORTUNITY Prime Commercial Property For Sale - Old Markham Village. Markham Rd (Main St) & Highway 7. Welcome to the crown jewel of Old Markham Village-a designated historic building commanding the busiest intersection in one of Ontario's fastest-growing communities. Positioned directly on the corner of Main Street and Highway 7, this is not merely a building; it is a landmark, a destination, and a golden ownership opportunity. LOCATION: Highway 7 delivers 40,000+ daily commuters, while Main Street offers charming foot traffic from locals and tourists. Your brand captures mass exposure and boutique village patronage-a marketing dream. FINANCIAL ADVANTAGE: As a designated historic property, you qualify for about 18-20% Heritage Property Tax Reduction on municipal and education taxes-saving you about $2,000-$3,000 annually. Over a decade, that's up to about $30,000 in pure savings directly boosting your ROI.VERSATILE ZONING Fully approved for Commercial Office and Restaurant use-no speculative waiting. Currently operating as medical clinics with 4 established physicians, providing immediate rental income and a seamless transition. Restaurateurs capture dinner crowds; professionals gain 24/7 brand visibility and client-trusting heritage ambiance.7 EXCLUSIVE PARKING SPACES In a village where street parking is scarce, these 7 spaces are a strategic asset-driving higher property value and tenant demand. INVESTMENT THESIS: This is a recession-resistant, appreciating asset. Historical designation prevents over-development, protecting your value. With premium rent potential, tax rebates lowering hold costs, and surging Markham land values, this trophy asset offers exceptional long-term equity growth. WHY WAIT? Properties like this rarely hit the open market. Secure your flagship restaurant, expand your practice, or diversify with a generational asset today.
Amenities
- Public Transit
- Recreation/Community Centre
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.