398 Ferrier ST #115-121 Active Save Request In-Person Tour Request Virtual Tour
Markham,ON L3R 2Z5
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 17,545 sqft
Price per Sqft $0
Subdivision Milliken Mills West
MLS Listing ID N12007353
Annual Tax Amount $49,264
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Calling local & foreign investors! Commercial properties NOT subject to Foreign Buyer Ban *Rare chance of owning prime condo commercial units and enjoying passive income from anchor tenant (popular restaurant) inside well known, well-patronized indoor mall (New Century Plaza) *Plaza conveniently located at Scarborough/Markham boundaries (Warden/Steeles) with walking distance to TTC *Units strategically located inside mall with separate entrances from mall and street level parking lot* 7 units combined for ~17,545 sf, the only units with exclusive use as Chinese dim sum style restaurant in whole plaza *Unbelievably low condo fee (only $1,963.11/mo) for all 7 units combined *Established 5-Star tenant with long lease *Excellent return on investment *Lots of walk-in traffic to the mall well served by ~128 commercial/retail units with a wide variety of businesses : restaurants (dim sum/Chinese cuisine, vegetarian), hair salon, florist, spa, health & beauty, travel agency, doctor, dept store & other retails *Lots of free street level & covered/open visitor parking on 2/F & 3/F *Mins To Hwy 404/401/7 *Walk to TTC on Steeles *Notable neighbors include : IBM, TnT supermarket *~280 covered/open parking spaces negotiable *Great investment opportunity and return on investment -- dont miss ! Limited time offer : VTB up to 50% for 5 years for qualified buyers
Location
Province ON
County York
Community Milliken Mills West
Area York
Interior
Cooling Yes
Exterior
Community Features Major Highway,Public Transit
Utilities Available Yes
Others
Security Features Yes