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10-12 Centre St
Markham, ON L3P 1X3
Office Property For Sale
EXECUTIVE SUMMARY
Fully-Leased Opportunity. Excellent chance to own a beautiful heritage property near Main St Markham Rd. Fully-tenanted corner building with ground floor retail space, 1-2 bedroom/1 bath apartment, and 1-1 bedroom/1 bath apartment (Ground floor commercial space leased for $4500 + HST with 5 + 5 year lease . 2 bedroom apartment potential rent $2800/month, 1 bedroom apartment potential rent for $2000/Month). All rent is plus water and hydro. All separately metered for hydro. Water is shared. Mixed use residential and commercial. Seller take back mortgage of $200K at 5% interest only payments for 2 years is available to qualified buyers.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,108 SF
Building Class
C
Year Built
1950
Price
$1,529,000 CAD
Price Per SF
$725.33 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,198 SF
Slab To Slab
9’
Building FAR
0.34
Lot Size
0.14 AC
Zoning
C2
Parking
4 Spaces (1.9 Spaces per 1,000 SF Leased)
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