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Old Markham Village, Markham, ON L3R 2E7
$2,080,000
Stabilized mixed-use investment, rare free standing property located along high demand residential and commercial area Main Street North in Markham.This income-producing asset features a ground-floor restaurant space and a self-contained residential unit above, both currently leased with stable tenants, Resturant tenant is owned by a fast growing burger chain, offering reliable and diversified cash flow. with total approx $8900/mth income, The property presents a competitive blended cap rate consistent with comparable prime mixed-use assets in the area.Excellent exposure within a well-established commercial corridor with high pedestrian and vehicular traffic.An ideal opportunity for investors seeking long-term hold, defensive income, and future upside in a high-demand, mature commercial node.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.