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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
We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.