$2,850,000

For sale

10 Station Lane, Markham (Unionville) - Office for Sale

10 Station Lane, Markham (Unionville), Ontario, L3R1R3

5,044 ft²67 × 164 ft (11,084 sq ft) lot sizeListed 39 days ago

Overview

This office property in Markham is for sale offering roughly 5,044 sq ft of space. It has been on the market 39 days, fresher than the Markham average of 63 days.

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Description

Location! Location! Rare opportunity to own a live/work heritage building in the historic Main St Unionville. This elegant building with a modern addition, totaling over 5,000 SF, offers a beautiful home-office environment. The 2,110 SF office space (including bsmt) is currently leased for professional office use. Each level, including the basement, contains an open concept office/reception/conference area. The main level has a kitchen and a 3-pc bath. The 2nd level includes 2 individual offices, a pantry and a 4-pc bath. The basement has another pantry and 2 storage areas. The residential portion is also leased. Its main level is improved with a living/dining area, a huge family room and a kitchen with breakfast area. The 2nd level contains 4 spacious bedrooms with 4 baths. The basement provides a large recreation area and 2 storage rooms. Professionally landscaped rear yard. 7 parking spaces. This building is strategically located within minutes to restaurants, Toogood Pond, shops, art gallery, public transit, Hwy 404 & 407. Ample public parking spaces across the street provide further convenience. Great opportunity for owners or investors. Buyer to assume both tenants. (id:66096)

Property Details

MLS®: N13831674
Property Type: Office
Zoning: RM1(35) with site specific exemptions
Interior Size: 5,044 ft²
Lot Size: 67 × 164 ft (11,084 sq ft)
Frontage: 68 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Garage: Other
Property Tax: $11,361.98/yr
Listed: 39 days ago

Features

Appliances: Washer, Dryer, Water Heater
Lot Features: Conservation/green belt

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

39d

Markham (Unionville) listings, avg age

63d

Price / ft²

$565

List price

$2.85M

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This office in Markham (Unionville) has been listed for 39 days, which is 24 days fresher than the city average of 63. Act while there is still low competition.

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Listed by HC REALTY GROUP INC. · MARY HUANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3R)

This home lists at $2,850,000, about 30.6× the local median household income of $93,000.

Carrying it typically needs a household income of about $556,705 (20% down, 25-yr amortization, stress-tested) — roughly 499% above the area median.

Median household income: $93,000
Population: 62,060
Median age: 46.4
Owner / renter: 83% / 17%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L3R)

$2,850,000· $565/ft²

For sale

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Financing

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