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F28 - 4300 Steeles Avenue

F28 - 4300 Steeles Avenue

Markham, ON

  • 2 bath
  • 1,167 sqft
  • Commercial Retail
  • 174 days on market
$1,500,000Price reduced 3%

Opportunities knock with tons of upside. 2,300+ sqft of Golden Foodcourt Space (when bought together with F26). Located at the best corner on the second floor of Pacific Mall. Enjoy the advantage of the tons of traffic right in front of the main escalator. Currently features 5 food-court stalls and 64 seats. Current Owner of 14 years wants to retire. VTB option available for new buyer. Tons of upside to be easily realized. Potential Cap rate can be easily 8:t with a few tweaks for off-hand investors. Space can potentially be transformed and modernized for even more return for the owner-operator. This is not to be missed!

Listing Details

Taxes (2025)
$21,366
Originally Listed
$1,550,000
Listed
March 13, 2026

Price History

Property

Age
16-30

Parking

Garage
Underground

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Kennedy & Steeles
Zoning
SC2-S
Parcel Number
294210625
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Hospitality/Food Related

Community

Postal area L3R

Population
62,060
Private dwellings
21,994
Median age
46.4
Average household size
2.9
Median household income
$93,000

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
$1,090,000
Homes sold
2,966
Median days on market
22
Sale-to-list price
99.1%

Based on 2,966 recorded sales of commercial properties in Markham over the last 12 months.

Listed by

CHESTNUT PARK REAL ESTATE LIMITED

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
1,167 sq ft
Price per sq ft
$1,285.35
Annual property tax
$21,366
Tax per sq ft
$18.31

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

R

Reita | Assistant

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Reita said:

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