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10-20 FINCHAM AVENUE

2 Retail Properties Offered at $11,198,013 CAD in Markham, ON

Investment Highlights

  • Ample parking
  • Access to public transit and highway
  • Heavy commercialized area
  • Retail amenities nearby
  • High exposure location
  • Natural light exposure

Executive Summary

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.

Property Facts

Price $11,198,013 CAD
Price / SF $821.81 CAD / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 13,626 SF
Total Land Area 1.01 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
20 Fincham Ave, Markham, ON L3P 4C8 Retail 6,053 SF 2005 -
10 Fincham Ave, Markham, ON L3P 4C8 Retail 7,573 SF 2000 -
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  • Listing ID: 33564672

  • Date on Market: 2024-10-18

  • Last Updated:

  • Address: 10-20 FINCHAM AVENUE, Markham, ON

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