$1
FOR SALE

Commercial/Retail

Total Area: 17,545 ft2
2024 Taxes: $49,264

398 Ferrier St #115-121
Markham, ON L3R 2Z5 | Milliken Mills West | York

Calling local & foreign investors! Commercial properties NOT subject to Foreign Buyer Ban *Rare chance of owning prime condo commercial units and enjoying passive income from anchor tenant (popular restaurant) inside well known, well-patronized indoor mall (New Century Plaza) *Plaza conveniently located at Scarborough/Markham boundaries (Warden/Steeles) with walking distance to TTC *Units strategically located inside mall with separate entances from mall and street level parking lot* 7 units combined for ~17,545 sf, the only units with exclusive use for Chinese dim sum style restaurant in whole plaza *Unbelievably low condo fee (only $1,963.11/mo) for all 7 units combined *Established 5-Star tenant with long lease *Excellent return on investment *Lots of walk-in traffic to the mall well served by ~128 commercial/retail units with a wide varity of businesses : restaurants (dim sum/Chinese cuisine, vegetarian), hair salon, florist, spa, health & beauty, travel agency, doctor, dept store & other retails *Lots of free street level & covered/open visitor parking on 2/F & 3/F *Mins To Hwy 404/401/7 *Walk to TTC on Steeles *Notable neighbors include : IBM, TnT supermarket *Great investment opportunity and return on investment -- dont miss ! Limited time offer : VTB up to 50% for 5 years for qualified buyers
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Listed By MARKHAM CENTRE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N12007353
Last Updated Mar 07, 2025
Property Summary
Property Type Commercial/Retail

More like this:
Use Hospitality/Food Related
Category Commercial Condo
Occupancy Tenant
Possession Date Flexible
Taxes (2024) $49,264
Tax Type Annual
Directions/Cross Streets Warden/Steeles
Neighbourhood Milliken Mills West
Area York
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding N
Retail Area 17,545 ft2
Total Area 17,545 ft2
Air Conditioning Y
Garage Type Plaza
Heat Type Gas Forced Air Open
Area Influences Major Highway, Public Transit
Sprinklers Y
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning commercial / retail
Seller Property Info Statement N

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