$558,000
Available - For Sale
Listing ID: N12150830
505 Hwy 7 N/A East , Markham, L3T 7T1, York
| Own a high-performing asset in one of Markham's busiest plazas! Benefit from steady and HIGH rental income from a long-term tenant operating a well recognized bubble tea brand. The unit faces the heart of the parking lot, offering plenty of foot traffic, and includes a washroom facility. With high-density residential and business surroundings, plus easy access to Highways 404 and 407, Commerce Gate is a popular destination for foodies! AAA Tenant pays high Rent + TMI + HST and all utilities. Minimal management required. Lease terms to be negotiated. |
| Price | $558,000 |
| Taxes: | $2731.07 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $575 |
| Occupancy: | Tenant |
| Address: | 505 Hwy 7 N/A East , Markham, L3T 7T1, York |
| Postal Code: | L3T 7T1 |
| Province/State: | York |
| Legal Description: | YORK REGION CONDO PLAN 892 LEVEL 1 UNIT |
| Directions/Cross Streets: | Highway 7 & Leslie |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Retail |
| Use: | Hospitality/Food Related |
| Building Percentage: | F |
| Total Area: | 364.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | T |
| Days Open: | O |
| Hours Open: | 10 |
| Employees #: | 4 |
| Seats: | 0 |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 ATRIA REALTY INC. |
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|
Shaukat Malik, M.Sc
Broker Of Record
Dir:
647-575-1010
Bus:
416-400-9125
Fax:
1-866-516-3444
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | York |
| Municipality: | Markham |
| Neighbourhood: | Commerce Valley |
| Tax: | $2,731.07 |
| Fireplace: | N |
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