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.
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
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
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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