352 Main Street N
Old Markham Village
Markham
L3P 1Z1
$2,768,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- N13041978
- Photos (50)
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Prime Mixed-Use Investment Opportunity in Markham. Exceptional chance to acquire a high-performing, turnkey mixed-use property in a prime Markham location. Built just 5 years ago with quality craftsmanship throughout, this asset offers strong cash flow, diversified income, and long-term stability. Situated on a 60 x 165 ft lot, the property offers approximately 6,000 sq. ft. (4,500 sq. ft. above grade plus a fully finished basement). It features six residential apartments and two commercial units, creating multiple income streams. The property generates an estimated net income of approximately $158,000 annually, reflecting a cap rate of 5.5%-6%, with upside potential as rents increase. Designed for efficiency, the building includes 400-amp service, 7 hydro meters, and individual 100-amp panels. Each unit has independent heating and central A/C with top-of-the-line air handlers and HRV systems, plus a hot water boiler and two hot water tanks. Units feature modern, high-quality finishes including custom solid wood millwork, quartz countertops, stainless steel appliances, porcelain tile, smooth ceilings, pot lights, and towel warmers. Each unit is equipped with its own washer, dryer, and dishwasher for added convenience. The fully finished basement contains two separate units and includes heated floors, high ceilings, large windows, and separate entrances, adding flexibility and usability. Exterior features include an accessibility ramp, 9 parking spaces, and built-in EV charging infrastructure. Zoned RD4/O, allowing residential and office use, ideal for investors or professionals seeking to operate a business on-site while benefiting from stable residential income. A rare opportunity to secure a modern, income-generating asset in one of Markham's most desirable locations with strong in-place returns and future growth potential. Check out the virtual tour.
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Total Area:
- 4500 sq. ft. Square Feet
- Total Area:
- 4,500 sq. ft.418 m2
- Retail Area:
- 1500 sq. ft. Sq Ft
- Lot Depth:
- 165'50.3 m
- Lot Frontage:
- 60'18.3 m
- Bathrooms:
- 8.0
- Water supply:
- Municipal
- Zoning:
- R1
- Heating type:
- Gas Forced Air Closed
- Clear Height:
- 9'2.74 m
- Garage:
- None
- Parking Spaces:
- 9
- Possession Details:
- Immediate/TBA
- Lot Irregularities:
- Irregular as per Geowarehouse
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- Annual
- Taxes:
- $15,522 / 2025
- Assessment:
- $- / -
- York
- Markham
- Old Markham Village
- Major Highway, Public Transit
- All existing appliances.
- Tenant's belonging.
- Amperage:
- 400
- Utilities:
- Yes
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Category:
- Apartment
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Listed by RE/MAX REALTRON REALTY INC.
Data was last updated April 27, 2026 at 06:15 AM (UTC)
- HomeLife Landmark Realty Inc.
- 7240 Woodbine Ave #103, Markham, ON L3R 1A4
- (905) 305-1600
- Contact by Email
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