
Retail For Sale
$2,498,000
MLS® Number: N13025874
Floor Area
1,800
Retail For Sale
$2,498,000
Floor Area
1,800
5775 HIGHWAY 7 E, Markham (Bullock), Ontario
About This Property
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.
Property Details
Interior Details
Cooling
Fully air conditioned
Heating
Forced air, Natural gas
Living Area
1800 sqft
Land & Location
City Region
Bullock
Frontage Length
50.0 feet
Lot Size Dimensions
Unit=50 x 212 FT
Postal Code
L3P1A5
Listing & Financials
Listing Office
HOMELIFE/BAYVIEW REALTY INC.
Originating System Name
Toronto Regional Real Estate Board
Other Specifications
Country
Canada
Listed By
HOMELIFE/BAYVIEW REALTY INC.
Mortgage Calculator
Estimated Monthly Payment
$12,272
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$12,272
Principal and interest only. Actual rates may vary.