Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# N13041978

352 Main Street N, Markham, ON L3P 1Z1

Markham, ON L3P 1Z1

$2,768,000 Est. $11,756/mo · 20% down, 25-yr, 4.09%
8Baths
60 × 165 ftLot
InvestmentType

About this property

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.

Property Summary

Property TypeInvestment
Community NameOld Markham Village
Land Size60 x 165 ft
Annual Property Taxes$15,288.00
Tax Year2025
Parking TypeNone Garage

Building details

Bathrooms / washrooms8
Property typeInvestment

Lot & land

Lot dimensions60 × 165 ft
Lot frontage60 ft
Lot depth165 ft

Interior Features

InclusionsAll existing appliances.
ExclusionsTenant's belonging.

Building Features

StyleInvestment

Heating & Cooling

CoolingYes
Heating TypeGas Forced Air Closed

Parking

Parking TypeNone Garage

Taxes & fees

Annual taxes$15,288 (2025)

Listing history

On market sinceApr 24, 2026

Location

Markham, ON L3P 1Z1
Listed by RE/MAX REALTRON REALTY INC., Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
352 Main Street N, Markham, ON L3P 1Z1