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Sona Bhalla

Broker
HouseSigma Inc, Brokerage Independently owned and operated. 15 Allstate Parkway #629, Markham, Ontario L3R5B4 Cell: 647-992-7653Office: 647-360-2330

$7,900,000
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 $7,900,000
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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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Sona Bhalla
Broker
Dir:
647-992-7653
Bus:
647-360-2330
 
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At a Glance:
Type: Com - Commercial/Retail
Area: York
Municipality: Markham
Neighbourhood: Markham Village
Style:
Lot Size: 140.60 x 0.00(Feet)
Approximate Age: 16-30
Tax: $58,758
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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