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.
Mls | N11240568 |
---|---|
Listing Type | For Sale |
Subtype | New Construction |
Status | New |
Days On Site | 10 |
Listing Provided By | ROYAL LEPAGE YOUR COMMUNITY REALTY | Not Provided |
Sq Feet | 4,000 |
---|
State | ON |
---|---|
County | York |
City | Uxbridge |
Zip Code | L9P |
Area | Old Markham Village |
Listing VS Median (in L9P) | |
Price: $3,100,000 low | high Med: $3,000 SqFt: 4,000 low | high Med: 1,298 $ / SqFt: $775 low | high Med: $2 On Site: 10 low | high Med: 8.000000 |