10-20 Fincham Avenue, Markham | Image 1

10-20 Fincham Avenue

Markham, Markham Village

  • Commercial

$7,900,000
For Sale

Added 2 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Service Related

  • Zoning: LC

  • Age: 16-30 years

  • Taxes: 58758

  • MLS®#: N9395468

  • Days on Site: 13 Days

  • Added: Oct 15, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: COLLIERS

Fully leased plaza to a variety of professional and service-based tenants and recently achored by a Montessori just beginning a 10-year lease. The Property has a 6.2 year weighted average lease term, and the Buyer has the opportunity to increase rental value through lease escalations or for a user to occupy a portion of the building as leases turnover. Vendor previously received approval to develop 14 townhomes and 1 detached house. Situated on 1.04 acres of land within proximity of Mt Joy GO Station.

Extras

Recent renovations include: new asphalt, updated sidewalk interlocking and new rooftop HVAC units on 20 Fincham Ave building.

Property

  • Status: Sale

  • Type: Service Related

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Age: 16-30

  • Area: Markham

  • Community: Markham Village

  • Availability Date: 60 Days

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • UFFI: No

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 50

Fees

  • Tax Year: 2023

  • Tax Legal Description: PCL BLOCK 20-1, SEC M1908; BLK 20 & PL M1908 CITY OF MARKHAM, PC

  • Taxes: $58,758

  • Taxes Type: Annual

Land

  • Cross Street: Markham Rd/16th Ave

  • Municipality District: Markham

  • Parcel Number: 029200001

  • Sewer: San+Storm

  • Lot Frontage: 140.6 Feet

  • Zoning: LC

Commercial Specific

  • Retail Area: 12690

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 12690

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

  • Soil Test: Envirn Audit

Map of 10-20 Fincham Avenue, Markham
JK-8

E T Crowle Public School

Elementary: Public
0.26 km
JK-8

St Kateri Tekakwitha Catholic Elementary School

Elementary: Catholic
0.91 km
JK-8

Franklin Street Public School

Elementary: Public
1.47 km
JK-8

St Joseph Catholic Elementary School

Elementary: Catholic
1.17 km
JK-8

St Julia Billiart Catholic Elementary School

Elementary: Catholic
1.19 km
JK-8

Mount Joy Public School

Elementary: Public
1.06 km
9-12

Bill Hogarth Secondary School

Secondary: Public
2.23 km
9-12

Markville Secondary School

Secondary: Public
3.04 km
9-12

Middlefield Collegiate Institute

Secondary: Public
5.13 km
9-12

St Brother André Catholic High School

Secondary: Catholic
0.07 km
9-12

Markham District High School

Secondary: Public
1.53 km
9-12

Bur Oak Secondary School

Secondary: Public
1.71 km
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