Primary photo of 5775 HIGHWAY 7 E, Markham (Bullock)
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Retail For Sale

$2,498,000

MLS® Number: N13025874

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

Mortgage Calculator

20% ($499,600)
5.5%
25 Years

Estimated Monthly Payment

$12,272

Principal and interest only. Actual rates may vary.

Location & Map

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List PropertyRetail for Sale — 5775 HIGHWAY 7 E, Markham (Bullock) | $2,498,000 | Lify.ca