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    For Sale - 352 Main Street, Markham, Ontario

    Est payment $13,292/mo
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    Views   2
    Time on Jump  73 day

    AI Summary *

    • Turnkey mixed-use property built 5 years ago in a prime location.
    • Features six residential apartments and two commercial units for diverse income.
    • Generates estimated net income of $158,000 annually with growth potential.
    • Modern finishes, individual amenities and efficient systems in each unit.
    • Includes accessibility ramp, 9 parking spaces, and built-in EV charging.




    Prime mixed-use investment opportunity in markham. Exceptional chance to acquire a high-performing, turnkey mixed-use property in a prime markham location. Built just 5 years ago with quality craftsmanship throughout, this asset offers strong cash flow, diversified income, and long-term stability. Situated on a 60 x 165 ft lot, the property offers approximately 6,000 sq. Ft. (4,500 sq. Ft. Above grade plus a fully finished basement). It features six residential apartments and two commercial units, creating multiple income streams. The property generates an estimated net income of approximately $158,000 annually, reflecting a cap rate of 5. 5%-6%, with upside potential as rents increase. Designed for efficiency, the building includes 400-amp service, 7 hydro meters, and individual 100-amp panels. Each unit has independent heating and central a/c with top-of-the-line air handlers and hrv systems, plus a hot water boiler and two hot water tanks. Units feature modern, high-quality finishes including custom solid wood millwork, quartz countertops, stainless steel appliances, porcelain tile, smooth ceilings, pot lights, and towel warmers. Each unit is equipped with its own washer, dryer, and dishwasher for added convenience. The fully finished basement contains two separate units and includes heated floors, high ceilings, large windows, and separate entrances, adding flexibility and usability. Exterior features include an accessibility ramp, 9 parking spaces, and built-in ev charging infrastructure. Zoned rd4/o, allowing residential and office use, ideal for investors or professionals seeking to operate a business on-site while benefiting from stable residential income. A rare opportunity to secure a modern, income-generating asset in one of markham's most desirable locations with strong in-place returns and future growth potential. Check out the virtual tour.
    Listing IDN13041978
    Address352 Main Street
    CityMarkham, Ontario
    Price$2,768,000
    Bath8 Full
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Gas Forced Air Closed

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    Listing Agency:  RE/MAX REALTRON REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    352 Main Street
    Markham , Ontario
    8 $2,768,000
    Get more info