Investment
sq ft (Living Area)
0 Bedrooms
8 Bathrooms
No
None
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.
Sales Representative At Right At Home Realty
4 Sir Brandiles Place, Markham, ON L3P 2Z5
4 Bedrooms
4
Bathrooms
1100-1500
sq ft (Living Area)
1 Months
14 Kemsing Court, Markham, ON L3R 4P7
5 Bedrooms
4
Bathrooms
1500-2000
sq ft (Living Area)
0 Days
21 Kohn Lane, Markham, ON L6C 3J3
5 Bedrooms
4
Bathrooms
2500-3000
sq ft (Living Area)
3 Days
24 Port Rush Trail, Markham, ON L6C 2A1
5 Bedrooms
5
Bathrooms
3500-5000
sq ft (Living Area)
0 Days
921-8323 Kennedy Road, Markham, ON L3R 5W7
1 Bedrooms
1
Bathrooms
500-599
sq ft (Living Area)
0 Days
PH2-08-7161 Yonge Street, Markham, ON L3T 0C8
2 Bedrooms
2
Bathrooms
800-899
sq ft (Living Area)
4 Months
6 Galsworthy Drive, Markham, ON L3P 1S8
4 Bedrooms
2
Bathrooms
1100-1500
sq ft (Living Area)
2 Months
301 South Park Road, Markham, ON L3T 0B9
3 Bedrooms
3
Bathrooms
1800-1999
sq ft (Living Area)
2 Days
12 Woodglen Way, Markham, ON L3R 3A8
4 Bedrooms
4
Bathrooms
1200-1399
sq ft (Living Area)
3 Days
31 Cavalry Trail, Markham, ON L3R 9H3
6 Bedrooms
4
Bathrooms
2500-3000
sq ft (Living Area)
1 Day
318-37 Galleria Parkway, Markham, ON L3T 0A5
2 Bedrooms
2
Bathrooms
800-899
sq ft (Living Area)
1 Day
191 Milliken Meadows Drive, Markham, ON L3R 0V9
6 Bedrooms
5
Bathrooms
1500-2000
sq ft (Living Area)
1 Months
31 Spanhouse Crescent, Markham, ON L3R 4E2
6 Bedrooms
4
Bathrooms
2500-3000
sq ft (Living Area)
1 Months
63 Adastra Crescent, Markham, ON L6C 3C9
8 Bedrooms
6
Bathrooms
3000-3500
sq ft (Living Area)
10 Days
25 Olivia Drive, Markham, ON L6C 3B6
5 Bedrooms
4
Bathrooms
1500-2000
sq ft (Living Area)
3 Days
145 Royal Crest Court 1, Markham, ON L3R 9Z4
0 Bedrooms
1
Bathrooms
sq ft (Living Area)
4 Days
54 Bauer Crescent, Markham, ON L3R 4H4
5 Bedrooms
4
Bathrooms
2000-2500
sq ft (Living Area)
15 Days
64 Chicago Lane, Markham, ON L6E 2C1
4 Bedrooms
3
Bathrooms
1500-2000
sq ft (Living Area)
1 Day
66 Marion Crescent, Markham, ON L3P 6E4
4 Bedrooms
4
Bathrooms
2500-3000
sq ft (Living Area)
24 Days
66 Hawkridge Avenue, Markham, ON L3P 1V9
7 Bedrooms
6
Bathrooms
3500-5000
sq ft (Living Area)
5 Days
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