$3,100,000Asking Price
352 Main St N St
Old Markham Village, Markham
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.
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.
See MoreKey Info
- 3-Storey Detached
- 9-Car Driveway
- No Garage
- North Of Hwy 7 ,South Of 16th
- 3500-5000 Approximate Sq Feet
- Newly Built
- Finished Basement
- 4 Kitchens
- Central Air
Property
- Lot Size 60 x 165 Feet
- Brick Exterior
- Taxes were $15,323 in 2024
- Possession: TBA/Flexible
Details
- No Fireplace
- No Family Room
- Designation: Accessibility
- Sewers
- Municipal Water
- MLS #N11241720
- ROYAL LEPAGE YOUR COMMUNITY REALTY
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.
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Office | Main | 57.41' x 12.14' | Tile Floor, Bay Window, Pot Lights |
| 2 | Office | Main | 32.32' x 10.01' | Tile Floor, Window, Pot Lights |
| 3 | Bedroom | 2nd | 11.98' x 10.50' | Laminate, Closet, Window |
| 4 | Living Room | 2nd | 13.78' x 11.48' | Laminate, Window, Pot Lights |
| 5 | Dining Room | 2nd | 13.98' x 11.48' | Laminate, Combined W/Living, Pot Lights |
| 6 | Kitchen | 2nd | 11.98' x 9.51' | Laminate, Window, Eat-In Kitchen |
| 7 | Bedroom | 3rd | 11.98' x 11.48' | Laminate, Closet, Window |
| 8 | Living Room | 3rd | 13.98' x 10.99' | Laminate, Pot Lights, Cathedral Ceiling |
| 9 | Dining Room | 3rd | 13.98' x 10.99' | Laminate, Window, Cathedral Ceiling |
 | 1 3-Piece Bathroom on 2nd Floor | |||
| 1 3-Piece Bathroom on 2nd Floor | |||
| 1 3-Piece Bathroom on 3rd Floor | |||
| 1 3-Piece Bathroom on 3rd Floor | |||
| 2 2-Piece Bathrooms on Main Floor | |||
How Far is Too Far?
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Who lives here?
Old Markham Village, Markham is a north GTA neighbourhood notable for its singles, renters, executives, education, law & public sector professionals and tradespeople. Residents tend to be older with a significant number of adults aged 55 to 64 and seniors aged 65 to 79.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
46%
of residents are
single and loving it.
46% singles
Markham (39%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
37%
of residents
are renters.
37% renters
Markham (15%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
41%
of residents are
university grads.
41% university grads
Markham (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$123K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 13% |
| Business | 12% |
| Management | 9% |
| Government | 8% |
| Sciences | 7% |
Immigrants
33%
of residents were
born outside of Canada.
33% immigrants
Markham (60%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
5.2% from Hong Kong
All-time
Birthplace - Recent
0.7% from China
Recent
Foreign Languages
Foreign Languages
| Cantonese | 9% |
| Mandarin | 4% |
| Italian | 2% |
| French | 2% |
| Chinese | 1% |
Religions
Religions
| Christian | 62% |
| Muslim | 3% |
| Hindu | 3% |
| Buddhist | 3% |
| Jewish | 1% |
