Home with brick exterior material for 352 Main St N St, Markham Ontario L3P 1Z1
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Home with brick exterior material for 352 Main St N St, Markham Ontario L3P 1Z1
1 day on Market

352 Main St N St, Markham, Ontario L3P 1Z1

Detached
4
6
~3500-5000 sqft
$3,100,000
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Detached
4
6
~3500-5000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$753/sqft

Est. Mortgage$13,313/mo

Tax Amount (2024)$15,323/yr

Days On Market1 day


Description

This newly built, 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 5.3% CAP Rate, it offers an excellent return on investment in a rapidly growing community.


Property Details

Style3-Storey
View-
Age of propertyNew
SqFt~3500-5000 SqFt
Lot Size9,900 SqFt(165 x 60)
Parking Spaces9
MLS ®NumberN11241720
Community NameMarkham Village
Data SourceTRREB

Features

Heating: Other
Cooling: Central Air
Basement: Finished

Main Floor

Office

17.50 x 3.70

Tile Floor / Bay Window / Pot Lights

Office

9.85 x 3.05

Tile Floor / Window / Pot Lights


Features

Lot size: 9,900 SqFt

Parking

Garage spaces 9

Garage type None

Other parking spaces 0

Total parking spaces 9


Property History

Now
ListedFor Salefor$3,100,000Active
1 day on market
Listing by trreb®
history photo preview29
Jul 26, 2024
ListedFor Salefor$2,999,500Terminated
Stayed 86 days on market
Listing by trreb®
history photo preview29
Apr 30, 2024
ListedFor Salefor$3,199,900Terminated
Stayed 42 days on market
Listing by trreb®
history photo preview29
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Property listed by ROYAL LEPAGE YOUR COMMUNITY REALTY, Brokerage

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Market DataFor the past 30 days in Markham Village

Median Selling Price

$1,370,000

7.91% more than GTA:

$1,270,000

Median Bidding

Underbidding - Trending to buyer market

-$36,000

GTA median: -$24,999

Median Number of Sales

36 sales

2648 sales less than GTA:

2684 sales

Median Number of Days on Market

22 days

1 day more than GTA:

21 days

Want more insights?Visit the Market Pulse


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