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$2,999,900
Available - For Sale
Listing ID: N12045386
Great investment in Markham ,This 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 5.5% CAP Rate, it offers an excellent return on investment in a rapidly growing community. **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.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $16,450 $32,900 $49,350 $65,800
First Mortgage $312,550 $296,100 $279,650 $263,200
CMHC/GE $8,595.13 $5,922 $4,893.88 $0
Total Financing $321,145.13 $302,022 $284,543.88 $263,200
Monthly P&I $1,375.44 $1,293.54 $1,218.68 $1,127.27
Expenses $0 $0 $0 $0
Total Payment $1,375.44 $1,293.54 $1,218.68 $1,127.27
Income Required $51,578.99 $48,507.63 $45,700.48 $42,272.44

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE YOUR COMMUNITY REALTY

352 Main St N Stre , Markham, L3P 1Z1, York

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: York
Municipality: Markham
Neighbourhood: Old Markham Village
Style: 3-Storey
Lot Size: x 165.00(Feet)
Approximate Age: New
Tax: $14,981.78
Maintenance Fee: $0
Beds: 4
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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