160 New Delhi DR #99 Active

Markham,ON L3S 0B6

$ 668800

- Bed

2 Baths

1057 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

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