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$2,999,900

Est. payment - /mo

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4 Beds

6 Baths

Active

352 Main St N ST Markham, ON L3P 1Z1

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Chaudhry Nadeem

nadeem@gta.realestate +1(416) 907-4533

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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

Basement Finished

Kitchen 4

Interior

Interior Features Other

Heating Yes

Cooling Central Air

Fireplace No

Heat Source Other

Exterior

Parking Features Other

Garage Spaces 9.0

Pool None

Roof Type Other

Lot Frontage 60.0

Lot Depth 165.0

Total Parking Spaces 9

Building

Foundation Other

New Construction true

Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY

TEAM MEMBER

Chaudhry Nadeem +1(416) 907-4533 nadeem@gta.realestate