Log In/Sign Up
Your email has been sent.
505 Hwy 7 E - C & D 364 SF Retail Condo Unit Offered at $406,677 in Markham, ON L3T 7T1
Investment Highlights
- Steady rental income
- Heavy foot traffic
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Own a high-performing asset in one of Markham's busiest plazas! Benefit from steady and HIGH rental income from a long-term tenant operating a well recognized bubble tea brand. The unit faces the heart of the parking lot, offering plenty of foot traffic, and includes a washroom facility. With high-density residential and business surroundings, plus easy access to Highways 404 and 407, Commerce Gate is a popular destination for foodies! AAA Tenant pays high Rent + TMI + HST and all utilities. Minimal management required. Lease terms to be negotiated.
Sale Notes
Own a high-performing asset in one of Markham's busiest plazas! Benefit from steady and HIGH rental income from a long-term tenant operating a well recognized bubble tea brand. The unit faces the heart of the parking lot, offering plenty of foot traffic, and includes a washroom facility. With high-density residential and business surroundings, plus easy access to Highways 404 and 407, Commerce Gate is a popular destination for foodies! AAA Tenant pays high Rent + TMI + HST and all utilities. Minimal management required. Lease terms to be negotiated.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 86 | 364 SF | Retail | $406,677 USD ($1,117.24 USD/SF) | - |
Unit 86
| Unit Size |
| 364 SF |
| Condo Use |
| Retail |
| Price |
| $406,677 USD ($1,117.24 USD/SF) |
| NOI |
| - |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 86
| Unit Size | 364 SF |
| Condo Use | Retail |
| Price | $406,677 USD ($1,117.24 USD/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Own a high-performing asset in one of Markham's busiest plazas! Benefit from steady and HIGH rental income from a long-term tenant operating a well recognized bubble tea brand. The unit faces the heart of the parking lot, offering plenty of foot traffic, and includes a washroom facility. With high-density residential and business surroundings, plus easy access to Highways 404 and 407, Commerce Gate is a popular destination for foodies! AAA Tenant pays high Rent + TMI + HST and all utilities. Minimal management required. Lease terms to be negotiated.</li></ul> | |
| Sale Notes | |
| Own a high-performing asset in one of Markham's busiest plazas! Benefit from steady and HIGH rental income from a long-term tenant operating a well recognized bubble tea brand. The unit faces the heart of the parking lot, offering plenty of foot traffic, and includes a washroom facility. With high-density residential and business surroundings, plus easy access to Highways 404 and 407, Commerce Gate is a popular destination for foodies! AAA Tenant pays high Rent + TMI + HST and all utilities. Minimal management required. Lease terms to be negotiated.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 26,973 SF | Typical Floor Size | 26,973 SF |
| Property Type | Retail (Condo) | Year Built | 1988 |
| Property Subtype | Storefront | Lot Size | 5.25 AC |
| Building Class | C | Parking Ratio | 2.22/1,000 SF |
| Floors | 1 | ||
| Zoning | BC - Business Commercial | ||
| Total Building Size | 26,973 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 26,973 SF |
| Year Built | 1988 |
| Lot Size | 5.25 AC |
| Parking Ratio | 2.22/1,000 SF |
| Zoning | BC - Business Commercial |
Amenities
- Pylon Sign
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
505 Hwy 7 E - C & D
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.