Markham, ON
$1,630,000
- 1,500 sqft
12 Centre Street, Markham, ON L3P 2N8
Markham, ON
Markham, ON
$1,630,000
1,500 sqft
Selling
Added 1 hour ago
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Overview
Listing Brokerage:
HOMELIFE/BAYVIEW REALTY INC.
Listed On:
Oct 26, 2026 (2 days ago)
Last Updated:
Oct 26, 2026 (2 days ago)
12 Centre Street, Markham, ON L3P 2N8 - About this home
Rare Investment Opportunity in the Heart of Markham! Own a charming heritage property near Main Street Markham Road, offering an exceptional blend of commercial and residential income potential. This attractive corner building features a ground-floor retail space plus two residential apartments, making it an ideal opportunity for investors seeking a mixed-use asset or end users looking to establish their business while generating rental income.The ground-floor commercial unit is leased at $4,500/month + HST, with a 5-year lease and an additional 5-year renewal option. The residential component includes a 2-bedroom, 1-bathroom apartment with estimated rental potential of $2,800/month and a 1-bedroom, 1-bathroom apartment with estimated rental potential of $2,000/month. All rents are plus water and hydro. Each unit is separately metered for hydro, while water is shared.The existing retail tenant may remain and negotiate a new 5-year lease, or vacate to accommodate another permitted use, subject to applicable approvals. A variety of potential uses may include a veterinary clinic, commercial school, medical or fitness facility, art gallery, professional office, restaurant, retail store and more.Whether you're expanding your investment portfolio, seeking a property with multiple income streams, or envisioning a location for your own business with residential rental income, this versatile heritage property offers outstanding flexibility and long-term potential in a desirable Markham location. A unique opportunity to invest, operate and grow!
This Store W Apt/Office located at 12 Centre Street, Markham, ON L3P 2N8 is currently for sale and has been available at Kash Invest for 2 days. This property, in the city of Markham and Old Markham Village neighborhood, is listed at $1,630,000 with an estimated mortgage of $7,623* per month. It has an area of 22x126 sqft with 0 beds and 0 BR. Waterfront Communities C1, Weston and Bradford are nearby neighbourhoods.
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Facts and Features
Property
Status:
Active
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Transaction Type:
For Sale
Area:
York
Community:
Old Markham Village
Occupant Type:
Owner+Tenant
Possession Type:
Flexible
Cross Street:
Main St Markham/Centre St
Listed On:
2026-10-26
Last Modified:
2026-10-26
MLS Number:
N14117002
Listing Brokerage:
HOMELIFE/BAYVIEW REALTY INC.
Location
FAQs About 12 Centre Street, Markham, ON L3P 2N8, Markham
12 Centre Street, Markham, ON L3P 2N8 is a store w apt/office, commercial development located at 12 Centre Street, Markham, ON L3P 2N8.
Selling