$2,950,000
$49,900352 Main St N Street, Markham, ON L3P 1Z1
Old Markham Village, Markham,
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Great investment in Markham ,This 3-storey residential/commercial building presents a rare and valuable investment opportunity. The property features six fully leased residential apartments and two leased commercial units on the main floor, making it a reliable income-generating asset. The commercial spaces (Fully leased) are ideal for professional offices, medical practices, beauty services, or a variety of other business uses, and include wheelchair ramp access for convenience. The property also boasts a spacious paved driveway with ample parking available at the rear, as well as an EV charger. Additionally, there is a large finished basement with high ceilings, windows, and two separate entrances, offering further potential . Located in a prime area near shopping malls, restaurants, the GO station, and major highways, this property is perfectly positioned for long-term value. With a solid 5.5% CAP Rate, it offers an excellent return on investment in a rapidly growing community. **EXTRAS** 6 sets of stainless steel fridge, stove, b/i dishwasher, washer & dryer, exhaust fans. All electrical light fixtures, 7 a/c units, hrv/air handling units. Separate hydro meters for each apartment, commercials units & hallway area.
- HoldoverDays: 180
- Architectural Style: 3-Storey
- Property Type: Residential Freehold
- Property Sub Type: Detached
- DirectionFaces: West
- Directions: North Of Hwy 7 ,South Of 16th
- Tax Year: 2024
- Parking Features: Other
- ParkingSpaces: 9
- Parking Total: 9
- WashroomsType1: 1
- WashroomsType1Level: Second
- WashroomsType2: 1
- WashroomsType2Level: Second
- WashroomsType3: 1
- WashroomsType3Level: Third
- WashroomsType4: 1
- WashroomsType4Level: Third
- WashroomsType5: 2
- WashroomsType5Level: Main
- BedroomsAboveGrade: 4
- Interior Features: Other
- Basement: Finished
- Cooling: Central Air
- HeatSource: Other
- HeatType: Other
- ConstructionMaterials: Brick, Other
- Roof: Other
- Sewer: Sewer
- Foundation Details: Other
- LotSizeUnits: Feet
- LotDepth: 165
- LotWidth: 60
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