344 Edgehill Dr – Purpose Built Duplex – Need to Sell
December 31, 2024
Great investment in Markham , This 3-storey residential/commercial building presents a rare and valuable investment opportunity. The property features six fully leased residential apartments and two leased commercial units on the main floor, making it a reliable income-generating asset. The commercial spaces (Fully leased) are ideal for professional offices, medical practices, beauty services, or a variety of other business uses, and include wheelchair ramp access for convenience. The property also boasts a spacious paved driveway with ample parking available at the rear, as well as an EV charger. Additionally, there is a large finished basement with high ceilings, windows, and two separate entrances, offering further potential . Located in a prime area near shopping malls, restaurants, the GO station, and major highways, this property is perfectly positioned for long-term value. With a solid 5.3% CAP Rate, it offers an excellent return on investment in a rapidly growing community. **** EXTRAS **** 6 sets of stainless steel fridge, stove, b/i dishwasher, washer & dryer, exhaust fans. All electrical light fixtures, 7 a/c units, hrv/air handling units. Separate hydro meters for each apartment, commercials units & hallway area. (id:46421)
| MLS® Number | N11240568 |
| Property Type | Multi-family |
| Community Name | Old Markham Village |
| Amenities Near By | Highway |
| Parking Space Total | 9 |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Other |
| Size Interior | 4,000 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Highway |
| Size Depth | 165 Ft |
| Size Frontage | 60 Ft |
| Size Irregular | 60 X 165 Ft |
| Size Total Text | 60 X 165 Ft |
| Zoning Description | Commercial/ Residential Rd4/o |
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I provide real estate services to those seeking to buy or sell real estate in Simcoe County, including Barrie, Orillia, Innisfil, Essa, Springwater, Oro-Medonte, Midland.
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