$3,998,000
Available - For Sale
Listing ID: N8257522
6060-60 Highway 7 East , Markham, L3P 3A9, Ontario
| 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: | 6060-60 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 |
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RAY NILI
Broker
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(416) 837 7576
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(905) 731 2000
Fax:
(905) 886 7557
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At a Glance:
| Type: | Com - Office |
| Area: | York |
| Municipality: | Markham |
| Neighbourhood: | Old Markham Village |
| Lot Size: | 127.47 x 165.16(Feet) |
| Tax: | $38,965.47 |
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