$3.1 mln - 4 Bedroom - House in Markham,ON - 352 Main St N St | HomeSmile
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listed 24 days ago
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listed 24 days ago
$3,100,000
352 Main St N St
4
bedrooms
6
bathrooms
9
parking spaces

Description

This newly built, 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 5.3% CAP Rate, it offers an excellent return on investment in a rapidly growing community.
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Sold history


General Info

4 bedroom detached house in Markham
352 Main St N St, MLS: N11241720

Style | Type
3-storey | detached
Approx. Age
new
Lot Width
60.0 ft
Lot Length
165.0 ft
Total Approx. Floor Area
3500-5000 sqft

Rooms

Bedrooms
4
Total Rooms
14
Bathrooms
6
Basement
finished

Parking

Garage spaces
9
Total spaces
9
Driveway
other

Financial info

Taxes
$15,323 / 2024

Additional info

Fireplace/Stove
none
Heating
other
Cooling
central air
Extras
6 sets of stainless steel fridge, stove, b/i dishwasher, washer & dryer, exhaust fans. all electrical light fixtures, 7 a/c units, hrv/air handling units. separate hydro meters for each apartment, commercials units & hallway area.

Rooms

FloorNameSize (m)Comments
MainOffice17.50 x
3.70
Tile Floor, Bay Window, Pot Lights
MainOffice9.85 x
3.05
Tile Floor, Window, Pot Lights
2ndBr3.65 x
3.20
Laminate, Closet, Window
2ndLiving4.20 x
3.50
Laminate, Window, Pot Lights
2ndDining4.26 x
3.50
Laminate, Combined W/Living, Pot Lights
2ndKitchen3.65 x
2.90
Laminate, Window, Eat-In Kitchen
3rdBr3.65 x
3.50
Laminate, Closet, Window
3rdLiving4.26 x
3.35
Laminate, Pot Lights, Cathedral Ceiling
3rdDining4.26 x
3.35
Laminate, Window, Cathedral Ceiling

Other

Possession Details
tba/flexible
Exterior Finish
brick+other
Listing Brokerage
royal lepage your community realty
Listing Sub-Area
old markham village

Listing Information

Listed Price
$3,100,000
Listed date
27 nov 2024
Days On The Market
24
HomeSmile AI estimate