$7,500,000
Available - For Sale
Listing ID: N9395468
10-20 Fincham Ave , Markham, L3P 4C8, Ontario
| Fully leased plaza to a variety of professional and service-based tenants and recently achored by a Montessori just beginning a 10-year lease. The Property has a 6.2 year weighted average lease term, and the Buyer has the opportunity to increase rental value through lease escalations or for a user to occupy a portion of the building as leases turnover. Vendor previously received approval to develop 14 townhomes and 1 detached house. Situated on 1.04 acres of land within proximity of Mt Joy GO Station. |
| Extras: Recent renovations include: new asphalt, updated sidewalk interlocking and new rooftop HVAC units on 20 Fincham Ave building. |
| Price | $7,500,000 |
| Taxes: | $58758.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 10-20 Fincham Ave , Markham, L3P 4C8, Ontario |
| Postal Code: | L3P 4C8 |
| Province/State: | Ontario |
| Legal Description: | PCL BLOCK 20-1, SEC M1908; BLK 20 & PL M |
| Directions/Cross Streets: | Markham Rd/16th Ave |
| Category: | Retail |
| Use: | Service Related |
| Building Percentage: | Y |
| Total Area: | 12690.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 12690 |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 16-30 |
| Sprinklers: | Y |
| Soil Test: | Envirn Audit |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | San+Storm |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| COLLIERS |
|
|
Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | York |
| Municipality: | Markham |
| Neighbourhood: | Markham Village |
| Approximate Age: | 16-30 |
| Tax: | $58,758 |
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