For Sale - 12 Centre Street, Markham, Ontario

Est payment $7,342/mo
Views   11
Time on Jump  77 day
  • Fully-leased corner building with retail and residential spaces.
  • Ground floor retail space generating strong rental income.
  • Two apartments with high rental potential for steady income.
  • Mixed-use zoning allows for various business opportunities.
  • Flexible leasing for retail tenant, potential for new uses.



Fully-leased opportunity. Excellent chance to own a beautiful heritage property near main st markham rd. Fully-tenanted corner building with ground floor retail space, 1-2 bedroom/1 bath apartment, and 1-1 bedroom/1 bath apartment (ground floor commercial space leased for $4500 + hst with 5 + 5 year lease . 2 bedroom apartment potential rent $2800/month, 1 bedroom apartment potential rent for $2000/month). All rent is plus water and hydro. All separately metered for hydro. Water is shared. Mixed use residential and commercial. Retail tenant can stay and sign a new 5 year lease or move to permit another use. Many permitted uses: veterinary clinic, commercial school, medical, fitness, art gallery, office, restaurant, retail, etc.
Listing IDN12696656
Address12 Centre Street
CityMarkham, Ontario
Price$1,529,000
StyleStore W Apt/Office
TypeIndustrial/Commercial
StatusFor Sale
Subtype Store W Apt/OfficeHeating / Cooling Gas Forced Air Closed
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Listing Agency:  HOMELIFE/BAYVIEW REALTY INC.

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12 Centre Street
Markham , Ontario
$1,529,000
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