352 Main St N St

Markham | Old Markham Village | L3P 1Z1
  • 4
  • 6
  • 0

$3,100,000

Est. Mtg $10,511 /mo
  • Days on market

    131

  • Status

    New

Listing Broker ROYAL LEPAGE YOUR COMMUNITY REALTY
Since listed: 1 views

Home details

MLS #:

N11241720

Property type:
Detached
Style:
3-Storey
Taxes:
$15,323
Possession:
Flexible
Lot Front:
60.0   Feet
Lot Depth:
165.0   Feet
Basement:
Finished |
Driveway Pkg:
9
Heat:
Other | Other

Description


352 Main St N St, , Markham, Ontario is a Detached property in Markham and in the Old Markham Village community in the L3P 1Z1 postal code


Great investment in Markham ,This 3-storey residential/commercial building presents a rare and valuable investment opportunity. The property features six fully leased residential apartments and two leased commercial units on the main floor, making it a reliable income-generating asset. The commercial spaces (Fully leased) are ideal for professional offices, medical practices, beauty services, or a variety of other business uses, and include wheelchair ramp access for convenience. The property also boasts a spacious paved driveway with ample parking available at the rear, as well as an EV charger. Additionally, there is a large finished basement with high ceilings, windows, and two separate entrances, offering further potential . Located in a prime area near shopping malls, restaurants, the GO station, and major highways, this property is perfectly positioned for long-term value. With a solid 5.3% CAP Rate, it offers an excellent return on investment in a rapidly growing community. **EXTRAS** 6 sets of stainless steel fridge, stove, b/i dishwasher, washer & dryer, exhaust fans. All electrical light fixtures, 7 a/c units, hrv/air handling units. Separate hydro meters for each apartment, commercials units & hallway area..

Extras

.


History

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List Date End Date List Price End Price Status MLS #
2021-04 2021-07 $3,348,000 $3,348,000 Ter N5194460
2022-03 2022-04 $3,445,000 $3,445,000 Ter N5518145
2023-02 2023-05 $3,333,333 $3,199,000 Ter N5922849
2023-06 2023-10 $3,199,000 $3,199,000 Ter N6136168
2024-03 2024-04 $3,199,900 $3,199,900 Ter N8155440
2024-05 2024-07 $2,999,500 $2,999,500 Ter N8291626
2024-11 2025-02 $3,100,000 $3,100,000 New N11241720
2024-04 $3,199,900 $3,199,900 N8155448
2023-05 $3,333,333 $3,199,000 N5922839
2025-02 $3,100,000 $3,100,000 N11240568
2024-07 $2,999,500 $2,999,500 N8291648
2022-02 $3,449,000 $3,449,000 N5446259
2022-04 $3,445,000 $3,445,000 N5518149
2021-11 $3,448,000 $3,448,000 N5330499
2021-07 $3,348,000 $3,348,000 N5194465
2023-10 $3,199,000 $3,199,000 N6136156

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Markham :

Properties sold

163

Average sale price

$1,821,105

New Listings

300

Year on Year Growth

2.15%

Municipality activity All Property Types

Sale activity

Markham :

Average sale price

$1,437,119

Properties sold

349

New Listings

664

Days on Market

12

Sale $ / List $

110%

Year on Year Growth

1.47%


Sale Chart - Detached

Markham Average Price (2 Years):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 352 Main St N St

Based on available 3rd party data

$11923

Approximate costs per month

Mortgage
$10511 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1276 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker ROYAL LEPAGE YOUR COMMUNITY REALTY
Data Source: TRREB

Payment calculator

$11788 monthly. In association with: TD Bank
%
  • Principal and Interest
    10511 /mo
  • Property Taxes
    $1276 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gerry Crokidas, Realtor

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