$3,998,000 FOR SALE

Office

Lot: 127.47 x 165.16 ftTotal Area: 13,180 ft2
2023 Taxes: $38,965.47

6060-6070 Highway 7 E
Markham, ON L3P 3A9 | Old Markham Village | York

Prime Location! Highway 7 And Markham Road - Great Investment Property With Future Redevelopment Potential In Upscale Markham Village! 2 Freestanding Commercial Buildings On A Half Acre Corner Lot With Excellent Street Appeal And Exceptional Exposure. Clean, Well Managed And Very Well Maintained 2 Separate Professional Office Buildings With 2 Addresses And 30+ Available On Site Parking Spots. Lots Of Improvements Done In The Last Few Years (Roof 2019). The Property Is Tenanted With Good Quality Tenants And Stable Income In-Place. Amazing Opportunity To Add Value! Increase Rents And Generate More Rental Income Or Completely Redevelop The Entire Site Into A Mixed Use 6+ Storey Building With 52+ Units. Official Plan Designated Mixed Use (Commercial/Residential).

Extras
Prime Location, Corner Half Acre Lot, 2 Commercial Buildings On Property, High Demand Area With Great Exposure, Excellent Street Appeal, Good Quality Tenants, Lots Of Available Parking Spots On Site, Rent Increase & Development Potential.

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Listed By ROYAL LEPAGE YOUR COMMUNITY REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N8257522
Last Updated Apr 29, 2024
Property Summary
Property Type Office

More like this:
Use Professional Office
Category Office
PIN 029310244
Legal Description LOT 1 BLOCK Q PLAN 157; PART LOT 1 BLOCK F PLAN 18 AS IN R557784 SUBJECT TO AN EASEMENT AS IN R311069 CITY OF MARKHAM
Occupancy Tenant
Possession Date TBA
Taxes (2023) $38,965.47
Tax Type Annual
Directions/Cross Streets Highway 7 E & Markham Road
Neighbourhood Old Markham Village
Area York
Price History
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Detailed Information
Freestanding Y
Lot 127.47 x 165.16 ft
Lot Irregularities Corner
Office/Apt Area 12,302 ft2
Total Area 13,180 ft2
Elevator None
Air Conditioning Y
Basement Y
Garage Type Outside/Surface
Parking Spaces 32
Heat Type Gas Forced Air Open
Area Influences Major Highway, Public Transit
Sprinklers N
Sewers San+Storm
Utilities A
Water Municipal
Clear Height 8 feet
Rail N
Survey Y
Lot/Bldg/Unit Code Lot
Zoning C3 - Commercial
Seller Property Info Statement N

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