352 N Main St - Office/Residential FOR SALE


Markham, ON L3P 1Z1
$3,100,000 CAD
416-637-8000
352 N Main St, Markham, ON for Sale
$3,100,000 CAD
Office/Residential - FOR SALE
1/2
null | 5.3% Cap Rate

352 N Main St
Markham, ON L3P 1Z1


HIGHLIGHTS

  • Residential & Commercial Unit
  • High Ceilings & Windows
  • Separate Entrances

OVERVIEW

This newly built, 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.

FOR SALE DETAILS

PRICE

$3,100,000 CAD

PRICE/SF

$775 CAD /SF

CAP RATE

5.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,146 SF

ZONING

RD4

APN/PARCEL ID

193604027018700

ASK ABOUT THIS PROPERTY

Amir JafariJAFARI AMIRHASSANMore Info
416-637-8000

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Amir JafariJAFARI AMIRHASSANMore Info
416-637-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.