#259-266 -505 Highway 7 Rd E Markham, Ontario L3T 7T1
$2,750,000
**Investors Take Notice** Hwy 7 & Leslie Commercial Prime Location In Commerce Gate, Property For Sale With Aaa+ Solid Tenant (Evt Karaoke) Remaining 9-Year Lease With Escalated Rental Each Year. Safe, Stable, Reasonable Return For Investors. Asset-Based Investment With Long Term Potential In One Of The Strongest Growing Urban Centres In The Gta. Tenant Invested $$$$ On Improvements In The Space. Over 5% Cap Rate And ! Famous Location, Tons Of Traffic.**** EXTRAS **** Aaa+ Tenant Pay Rent + Tmi + All Utilities, Very Minimum Management Work. Lease Agreement Available Only To Serious Buyers Upon A Conditionally Accepted Offer And Signed Nda/Confidentiality. Seller May Consider Vtb. (id:52603)
Business
| Business Type | Service |
| Business Sub Type | Miscellaneous services |
Property Details
| MLS® Number | N5986235 |
| Property Type | Retail |
| Community Name | Commerce Valley |
| Amenities Near By | Highway, Public Transit |
Building
| Cooling Type | Fully Air Conditioned |
| Size Exterior | 4991 Sqft |
| Size Interior | 4991 Sqft |
| Type | Retail |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Irregular | Bldg=1 X 1 Ft |
| Size Total Text | Bldg=1 X 1 Ft |
https://www.realtor.ca/real-estate/25396338/259-266-505-highway-7-rd-e-markham-commerce-valley
275 Renfrew Dr Unit 209
Markham, Ontario L3R 0C8
(647) 564-4990
(365) 887-5300
275 Renfrew Dr Unit 209
Markham, Ontario L3R 0C8
(647) 564-4990
(365) 887-5300
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June 10 2023 01:48:28
Toronto Real Estate Board
Smart Sold Realty