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. |
Price | $3,998,000 |
Taxes: | $38965.47 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 6060-70 Highway 7 East , Markham, L3P 3A9, Ontario |
Postal Code: | L3P 3A9 |
Province/State: | Ontario |
Legal Description: | LOT 1 BLOCK Q PLAN 157; PART LOT 1 BLOCK |
Lot Size: | 127.47 x 165.16 (Feet) |
Directions/Cross Streets: | Highway 7 E & Markham Road |
Category: | Office |
Use: | Professional Office |
Building Percentage: | Y |
Total Area: | 13180.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 12302 |
Office/Appartment Area Code: | Sq Ft |
Area Influences: | Major Highway Public Transit |
Franchise: | N |
Sprinklers: | N |
Rail: | N |
Clear Height Feet: | 8 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Elevator Lift: | None |
Sewers: | San+Storm |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE YOUR COMMUNITY REALTY |
|
Book Showing | Email a Friend |
Type: | Com - Office |
Area: | York |
Municipality: | Markham |
Neighbourhood: | Old Markham Village |
Lot Size: | 127.47 x 165.16(Feet) |
Tax: | $38,965.47 |