Added 1 week ago
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Type: Commercial/Retail
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Property Type: Commercial
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Business Type: Hospitality/Food Related
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Zoning: commercial / ret
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Age: No Data
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Taxes: 49264
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MLS®#: N12007353
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Days on Site: 5 Days
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Added: Mar 07, 2025 (1 week ago)
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Updated:
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Last Checked: 4 hours ago
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Listed By: MARKHAM CENTRE REALTY INC.
Calling local & foreign investors! Commercial properties NOT subject to Foreign Buyer Ban *Rare chance of owning prime condo commercial units and enjoying passive income from anchor tenant (popular restaurant) inside well known, well-patronized indoor mall (New Century Plaza) *Plaza conveniently located at Scarborough/Markham boundaries (Warden/Steeles) with walking distance to TTC *Units strategically located inside mall with separate entrances from mall and street level parking lot* 7 units combined for ~17,545 sf, the only units with exclusive use as Chinese dim sum style restaurant in whole plaza *Unbelievably low condo fee (only $1,963.11/mo) for all 7 units combined *Established 5-Star tenant with long lease *Excellent return on investment *Lots of walk-in traffic to the mall well served by ~128 commercial/retail units with a wide variety of businesses : restaurants (dim sum/Chinese cuisine, vegetarian), hair salon, florist, spa, health & beauty, travel agency, doctor, dept store & other retails *Lots of free street level & covered/open visitor parking on 2/F & 3/F *Mins To Hwy 404/401/7 *Walk to TTC on Steeles *Notable neighbors include : IBM, TnT supermarket *~280 covered/open parking spaces negotiable *Great investment opportunity and return on investment -- dont miss ! Limited time offer : VTB up to 50% for 5 years for qualified buyers
Property
Status: Sale
Type: Hospitality/Food Related
Property Type: Commercial/Retail
Property Type: Commercial Condo
Area: Markham
Community: Milliken Mills West
Availability Date: Flexible
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Heat Type: Gas Forced Air Open
Energy Certificate: N
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: Plaza
Fees
Tax Year: 2024
Taxes: $49,264
Taxes Type: Annual
Land
Cross Street: Warden/Steeles
Municipality District: Markham
Zoning: commercial / ret
Commercial Specific
Retail Area: 17545
Retail Area Metric: Sq Ft
Sprinklers: Y
Total Area: 17545
Total Area Metric: Sq Ft
Area Influence: Major Highway
Area Influence: Public Transit
Lot Code: Unit
St Mother Teresa Catholic Elementary School
Elementary: CatholicSt Henry Catholic Catholic School
Elementary: CatholicSir Ernest MacMillan Senior Public School
Elementary: PublicSir Samuel B Steele Junior Public School
Elementary: PublicMilliken Mills Public School
Elementary: PublicTerry Fox Public School
Elementary: PublicPleasant View Junior High School
Secondary: PublicMsgr Fraser College (Midland North)
Secondary: CatholicL'Amoreaux Collegiate Institute
Secondary: PublicMilliken Mills High School
Secondary: PublicDr Norman Bethune Collegiate Institute
Secondary: PublicMary Ward Catholic Secondary School
Secondary: Catholic
