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4300 Steeles AVE E #F*28 Markham, ON L3R 0Y5
1,758 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,758 sqft
Price per Sqft $823
Subdivision Milliken Mills East
MLS Listing ID N12107338
Condo Fees $2,769
Annual Tax Amount $21,365
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Own a fully leased food court unit in Pacific Mall, North America's largest indoor Asian shopping centre an iconic cultural landmark where generations have gathered. This investment features 3 food stalls, a 64-seat dining area. Generates over $165,000 in annual rental income (over $360,000 when combined with other listing MLS #N12107344, with 6 stalls total), with strong net returns and a cap rate of over 6.25%. Prime second-floor location beside elevators and escalators ensures maximum foot traffic. Pacific Mall offers surface and underground parking and consistently draws high visitor volume. Strategically positioned on the Markham-Scarborough border, it attracts loyal local shoppers and steady tourist traffic. Buy a piece of memory an opportunity to invest not just in a thriving business, but in a place where visitors come to taste nostalgia, reconnect with culture, and experience a slice of home. A rare chance to own a part of a true landmark. Must be purchased with MLS #N12107344. (Photos have been slightly altered to protect privacy of vendors.)
Location
Province ON
County York
Community Milliken Mills East
Area York
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features Partial
Listed by CENTURY 21 ATRIA REALTY INC.
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