3255 Highway 7 131-133
Markham, L3R 3P9
FOR SALE
$948,000

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Commercial Retail
CATEGORY804 Sq Ft
RETAIL AREAN13106416
MLSIDContact Us
Property Description
Excellent Investment Opportunity At Prestigious First Markham Place! Prime Commercial Unit Featuring Two Stable Long-Term Tenant (131 & 131A & 133) Total Monthly Net Rent at $5000/month. Tenants Responsible For TMI, Providing Strong And Predictable Cash Flow For Investors. Outstanding 6.33% Cap Rate. Located In One Of Markham's Most Recognized And High Traffic Commercial Destinations With Over 170+ Retail Stores, Restaurants, Services & Food Court Vendors. Exceptional Exposure In A Busy Mixed-Use Commercial Hub Popular With Both Local & Regional Visitors. Conveniently Situated Along Highway 7 Between Woodbine Ave & Warden Ave With Quick Access To Hwy 404 & Hwy 407. Easily Accessible By YRT/Viva Transit Routes. Surrounded By Dense Residential Communities, Office Buildings, Hotels, Restaurants, Banks & Major Amenities. Excellent Long-Term Investment Potential In A Highly Desirable And Continuously Growing Markham Commercial Corridor.
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Property Details
Address
3255 Highway 7 131-133
Community
City
Postal Code
L3R 3P9
Property Type
Commercial Retail, Commercial Retail
Use
Retail
Zoning
Commercial/Retail
Retail Area
804 Sq Ft
Taxes
$11,633 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
Plaza
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Listing contracted with Homelife Landmark Rh Realty
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