Calling local & foreign investors! Commercial properties NOT subject to Foreign Buyer Ban *Rare chance of owning prime condo commercial units and enjoying passive income from anchor tenant (popular restaurant) inside well known, well-patronized indoor mall (New Century Plaza) *Plaza conveniently located at Scarborough/Markham boundaries (Warden/Steeles) with walking distance to TTC *Units strategically located inside mall with separate entrances from mall and street level parking lot* 7 units combined for ~17,545 sf, the only units with exclusive use as Chinese dim sum style restaurant in whole plaza *Unbelievably low condo fee (only $1,963.11/mo) for all 7 units combined *Established 5-Star tenant with long lease *Excellent return on investment *Lots of walk-in traffic to the mall well served by ~128 commercial/retail units with a wide variety of businesses : restaurants (dim sum/Chinese cuisine, vegetarian), hair salon, florist, spa, health & beauty, travel agency, doctor, dept store & other retails *Lots of free street level & covered/open visitor parking on 2/F & 3/F *Mins To Hwy 404/401/7 *Walk to TTC on Steeles *Notable neighbors include : IBM, TnT supermarket *~280 covered/open parking spaces negotiable *Great investment opportunity and return on investment -- dont miss ! Limited time offer : VTB up to 50% for 5 years for qualified buyers |
Price | $1 |
Taxes: | $49264.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 398 Ferrier St , Unit 115-1, Markham, L3R 2Z5, Ontario |
Apt/Unit: | 115-1 |
Postal Code: | L3R 2Z5 |
Province/State: | Ontario |
Directions/Cross Streets: | Warden/Steeles |
Category: | Commercial Condo |
Use: | Hospitality/Food Related |
Building Percentage: | N |
Total Area: | 17545.00 |
Total Area Code: | Sq Ft |
Retail Area: | 17545 |
Retail Area Code: | Sq Ft |
Area Influences: | Major Highway Public Transit |
Sprinklers: | Y |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
MARKHAM CENTRE REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | York |
Municipality: | Markham |
Neighbourhood: | Milliken Mills West |
Tax: | $49,264 |