Selling

352 Main St N Street, Markham, ON L3P 1Z1

$2,950,000

  • Jul 01, 2025
  • Markham, Ontario

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 5.5% CAP Rate, it offers an excellent return on investment in a rapidly growing community. **EXTRAS** stainless steel fridges, stoves, b/i dishwashers, washer & dryers, exhaust fans. All electrical light fixtures, 7 a/c units, hrv/air handling units. Separate hydro meters for each apartment, commercials units & hallway area.
Overview
MLS ID: N12045386
Type: Detached
Bedrooms: 6
Bathrooms: 8
Price: $2,950,000
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: Central Air
Heating: Other
ParkingFeatures: None
YearBuilt: New
TaxAnnualAmount: 14981.78
PossessionDetails: TBA/Flex
Map
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