5775 Highway 7 N/A E new

Markham,ON L3P 1A5

$ 2950000

- Bed

- Bath

1800 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $1,638

Subdivision Bullock

MLS Listing ID N12418230

Annual Tax Amount $21,002

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

Free-standing investment property with prime exposure on Highway 7. Former Tom's Burgers with many permitted uses. 1,800 sf main floor plus 1,500 sf basement. Clean environmental done in 2020. Currently leased to a top brand franchise. Tenant willing to stay or will consider selling the business if purchaser wants vacant possession. Current lease until June 2032 with escalations, with two - 5 year options to renew with strong franchise covenants. New roof shingles, downspouts, all new electrical, and main floor flooring installed in 2022.

Location

Province ON

County York

Community Bullock

Area York

Interior

Heating Yes

Cooling Yes

Exterior

Community Features Major Highway,Public Transit

Utilities Available Yes

Lot Frontage 50.0

Lot Depth 212.0

Others

Security Features No

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