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N8257522
$3,998,000

6060-6070 Highway 7 E (Highway 7 E & Markham Road)

Price: $3,998,000

Status: For Sale 

MLS®#: N8257522

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$3,998,000
  • Tax: $38,965.47/Annual (2023)
  • Community:Old Markham Village
  • City:Markham
  • Type:Commercial
  • Style:Office
  • Size: 13,180 Sq Ft
  • Basement:Y
  • Garage:Outside/Surface

Features:

  • HeatingGas Forced Air Open
  • Sewer/Water SystemsSan+Storm, Municipal

Listing Contracted With: ROYAL LEPAGE YOUR COMMUNITY REALTY

Description

Prime Location! Highway 7 And Markham Road - Great Investment Property With Future Re-Development Potential In Upscale Markham Village! 2 Freestanding Commercial Office Buildings On A Half Acre Corner Lot With Excellent Street Appeal And Exceptional Exposure. Clean, Well Managed And Very Well Maintained 2 Separate 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 Fully Tenanted With 13 Good Quality Tenants And Stable Income In-Place. Potential To Increase Rents And Generate More Rental Income Or Completely Re-Develop The Entire Site Into A Mixed Use 6+ Storey Building With 52+ Units. Official Plan Designated Mixed Use (Commercial/Residential).

Highlights

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.

Want to learn more about 6060-6070 Highway 7 E (Highway 7 E & Markham Road)?

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Michael Ulitsky

Real Estate Broker

Royal LePage Your Community Realty, Brokerage

Trusted & Respected Professional
Michael Ulitsky

Michael Ulitsky

Real Estate Broker

Royal LePage Your Community Realty, Brokerage

Trusted & Respected Professional

8854 Yonge Street, Richmond Hill, Ontario, L4C 0T4

michael.ulitsky@gmail.com

(647) 761-9199

(905) 731-2000

(905) 886-7556
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