Added 1 week ago
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Type: Office
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Property Type: Commercial
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Business Type: Professional Office
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Zoning: C3 - Commercial
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Age: No Data
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Taxes: 38965.47
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MLS®#: N8257522
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Days on Site: 8 Days
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Added: Apr 21, 2024 (1 week ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: ROYAL LEPAGE YOUR COMMUNITY REALTY
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.
Property
Status: Sale
Type: Professional Office
Property Type: Office
Property Type: Office
Area: Markham
Community: Old Markham Village
Availability Date: TBA
Inside
Air Conditioning: Y
Utilities
Utilities: Available
Building
Basement: Y
Heat Type: Gas Forced Air Open
Elevator: None
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Covered Parking Spaces: 32
Fees
Tax Year: 2023
Tax Legal Description: LOT 1 BLOCK Q PLAN 157; PART LOT 1 BLOCK F PLAN 18 AS IN R557784
Taxes: $38,965
Taxes Type: Annual
Land
Cross Street: Highway 7 E & Markha
Municipality District: Markham
Parcel Number: 029310244
Sewer: San+Storm
Lot Depth: 165.16 Feet
Lot Frontage: 127.47 Feet
Lot Irregularities: Corner
Zoning: C3 - Commercial
Shipping Doors
Clearing Height (ft): 8
Commercial Specific
Rail: N
Sprinklers: N
Total Area: 13180
Total Area Metric: Sq Ft
Office Size: 12302
Office Size Metric: Sq Ft
Area Influence: Major Highway
Area Influence: Public Transit
Franchise: N
Lot Code: Lot
Survey: Y
St Rene Goupil-St Luke Catholic Elementary School
Elementary: CatholicBayview Fairways Public School
Elementary: PublicWillowbrook Public School
Elementary: PublicChrist the King Catholic Elementary School
Elementary: CatholicAdrienne Clarkson Public School
Elementary: PublicDoncrest Public School
Elementary: PublicMsgr Fraser College (Northeast)
Secondary: CatholicThornlea Secondary School
Secondary: PublicA Y Jackson Secondary School
Secondary: PublicSt Augustine Catholic High School
Secondary: CatholicSt Robert Catholic High School
Secondary: CatholicUnionville High School
Secondary: Public
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