10-20 Fincham Ave, Markham
MLS® Number N9395463
For Sale $ 7,500,000
Description
Fully leased plaza to a variety of professional and service-based tenants and recently anchored 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 Mount Joy GO station.
EXTRAS: Recent renovations include: new asphalt, updated sidewalk interlocking, and new rooftop HVAC units on 20 Fincham building.
Key Facts
- Days on: 3 days
- Property Type: Land
- Use: Residential
Location 10-20 Fincham Ave, Markham
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