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 5.3% 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.
Listing Provided By
ROYAL LEPAGE YOUR COMMUNITY REALTY
Neighborhood Info
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Property Details
Real Estate Listing
Provided by:
- Ken Ford
- Phone: 647-519-0380
- Mobile: (416) 818-8875
- Fax: 905-619-3334
- Email: kenfordhomes@gmail.com
- SUTTON GROUP-HERITAGE REALTY INC.
- 300 CLEMENTS ROAD WEST
- Pickering, ON
- L1S3C6