$849,900

For sale

#20 2650 John Street, Markham (Milliken Mills West) - Industrial for Sale

#20 2650 John Street, Markham (Milliken Mills West), Ontario, L3R2W6

2 baths1,675 ft²Listed 76 days ago

Overview

This industrial property in Markham is for sale offering roughly 1,675 sq ft of space. It has been on the market 76 days, fresher than the Markham average of 86 days.

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Description

GREAT Investment and Business Opportunity! Updated commercial unit located in a highly desirable Markham business complex. Offering approximately 1,675 sq. ft. of functional space, this unit features an ideal layout with approximately 30% office and 70% warehouse, catering to a wide range of business needs. The spacious warehouse area includes a 490 sq. ft. mezzanine, providing additional storage or operational flexibility. Recent updates include new faucets, new ceiling tiles and recently painted, contributing to a clean and move-in-ready environment. The unit also includes two washrooms and benefits from ample on-site parking for both staff and visitors. Strategically positioned with convenient access to major highways including 404 and 407, and surrounded by established businesses and amenities. Vacant and available for immediate possession. This is an excellent opportunity for end-users or investors seeking a versatile and turnkey space in a high-demand location. (id:66096)

Property Details

MLS®: N13696492
Property Type: Industrial
Zoning: M (Manufacturing Commercial)
Bathrooms: 2
Interior Size: 1,675 ft²
Heating: Forced air, Natural gas
Cooling: Partially air conditioned
Property Tax: $4,650.1/yr
Listed: 76 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

76d

Markham (Milliken Mills West) listings, avg age

86d

Price / ft²

$507

List price

$850K

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 industrial in Markham (Milliken Mills West) has been listed for 76 days, which is 10 days fresher than the city average of 86. Act while there is still low competition.

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Listed by HOMELIFE/BAYVIEW REALTY INC. · GINA BIANCHI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3R)

This home lists at $849,900, about 9.1× the local median household income of $93,000.

Carrying it typically needs a household income of about $166,015 (20% down, 25-yr amortization, stress-tested) — roughly 79% 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)

$849,900· $507/ft²

For sale

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Financing

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