352 Main St N ST Active Save Request In-Person Tour Request Virtual Tour
Markham,ON L3P 1Z1
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Old Markham Village
MLS Listing ID N12045386
Style 3-Storey
Bedrooms 4
Building Age New
Annual Tax Amount $14,981
Tax Year 2024
Property Sub-Type Detached
Property Description
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.
Location
Province ON
County York
Community Old Markham Village
Area York
Rooms
Family Room No
Kitchen 4
Interior
Heating Yes
Cooling Central Air
Exterior
Parking Features Other
Garage Spaces 9.0
Pool None
Roof Type Other
Building
Foundation Other
New Construction true