For Sale
505 Highway 7 East - SOLD
Markham | Ontario
Download BrochureDownload PlanLocation
Single Tenant Investment Property
Space
Units 54, 56, 58
Property Size 2,797 SF
NOI ~$90,000 per year
Sale Price $1.695 Million
Possession
n/a
Type
For Sale
Property Highlights
- Commercial condominium unit located at the heart of York Region (Vaughan, Richmond Hill, Markham)
- Occupied by Kinton Ramen, a high-growth authentic Japanese ramen restaurant (Parent company, Kinka Family restaurant group, operates over 35 restaurants globally)
- Property generates strong stable income under a remaining lease term of approximately 8 years
- Existing tenant fully improved property fixtures with an investment of over $800,000
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