352 Main Street

Markham, ON

8 bath • 4,500 sqft • Investment • 191 days on market

$2,688,000

*INCREDIBLE INVESTMENT PROPERTY IN PRIME MARKHAM LOCATION* This 5-YEAR NEW, MIXED-USE property was built without sparing any details and it offers (1) strong cash flow (2) diversified income (3) long-term durability. 60 ft x 165 ft lot with approx. 6,000 SF (4,500 SF above grade + finished basement), consists of SIX RESIDENTIAL APARTMENTS + TWO COMMERCIAL UNITS with a potential annual net income of approx. $130,000 *WOW!* Fully equipped with a 400-amp electrical service, 7 hydro meters, hot water boiler and 2 hot water tanks and 100-amp panels for each unit, allowing for efficient utility management. Each unit features individual heating and central air conditioning with top-of-the-line air handler with HRV, quality and modern finishes your tenants love and appreciate (e.g., custom solid wood millwork, quartz counters & S/S appls, porcelain tiles, towel warmers, smooth ceiling and pot lights, etc). The FINISHED BASEMENT comes with heated floors, high ceilings, windows, and separate entrances. The EXTERIOR AMENITIES include an accessibility ramp access, 9 parking spaces + ready for an EV charging station if needed (electrical infrastructure built-in and ready for the next owner). Zoned RD4/O, permitting office and apartment uses - this is perfect for entrepreneurs in need of a home-based business space or investors looking for a property that offers diversified income streams, exceptional operating efficiency and strong in-place cash flow! With an estimated remaining economic life of approx. 100 years, this is a LOW MAINTENANCE, HASSLE-FREE LONG-TERM INVESTMENT ASSET!

Listing Details

Taxes (2025): $15,288
Listed: February 12, 2026

Price History

Listing history

Property

Lot Size: 60 x 165 Feet

Location & Legal

Cross Street: Markham & 16th
Zoning: R1
Parcel Number: 029060293
Possession: Flexible

Commercial

Occupancy: Tenant

Included

Inclusions: Located in a prime Main Street Markham corridor near shopping, restaurants and cafes, GO Station, and major highways, this property presents a stable, high-performing investment opportunity with immediate income and long-term upside.

Community

Postal area L3P

Population: 37,336
Private dwellings: 12,978
Median age: 47.2
Average household size: 2.9
Median household income: $115,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Markham · last 12 months

Median sold price: $1,088,000
Homes sold: 2,976
Median days on market: 22
Sale-to-list price: 99.1%

Based on 2,976 recorded sales of commercial properties in Markham over the last 12 months.

Listed by

QUEENSWAY REAL ESTATE BROKERAGE INC.

Location

Commercial figures

Building area: 4,500 sq ft
Price per sq ft: $597.33
Annual property tax: $15,288
Tax per sq ft: $3.40

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

Reita | Assistant

Online

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?