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$ 668,800
Est. payment | /mo
2 Baths
1,057 SqFt
$ 668,800
Est. payment | /mo
2 Baths
1,057 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,057 sqft
Price per Sqft $632
Subdivision Cedarwood
MLS Listing ID N11972563
Annual Tax Amount $5,312
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Prime Corner Unit in Newtown Square: High Exposure & Excellent Location!Spacious corner unit located in the high-demand Newtown Square area at Markham Rd & Steeles Ave. Offers great signage and visibility in a bustling commercial hub. Surrounded by major retailers Costco, Home Depot, McDonald's, Canadian Tire, Staples, Shoppers Drug Mart, banks, and supermarkets. Two floors with a washroom on each level. Bright & open-concept layout with large windows and modern flooring. 9'5" ceiling on the main floor for an expansive feel. Well-maintained & stylish interior.Current Tenant: Nail spa business with a 5-year lease term expiring November 30, 2030. Tenant pays $27/Sqft Net (first 2 years) & $27.5/Sqft Net (last 3 years) + TMI + Utilities. Buyer To Assume The Current Tenant. Appliances & some ceiling lights belong to the tenant.Great investment opportunity in a prime commercial location!
Location
Province ON
County York
Community Cedarwood
Area York
Interior
Heating Yes
Cooling Yes
Exterior
Utilities Available Available
Others
Security Features No
Virtual Tour https://tour.uniquevtour.com/vtour/160-new-delhi-dr-99-markham
Listed by KAIZEN CAPITAL REALTY PARTNERS
"Helping clients build weath through strategic real estate aquisitions"
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