FOR SALE
4460 HIGHWAY 7 EAST MARKHAM, ONTARIO L3R 1M2 Exceptional C1 General Commercial property has Highway 7 frontage in high traffic exposure corridor. This 4974 square ft. of professional, renovated, modern office space includes 2 buildings, parking for approx. 13 cars and space for 25 workstations.
Vendor Contact: Shayle Rothman 1-855-466-3802
[email protected] PROPERTY SUMMARY The original house is designated Heritage in accordance with the Ontario Heritage Act and was constructed in either 1906 or 1914 according to the heritage listing. The builder was John Miller, who constructed it in the Edwardian Classical and Queen Anne Revival styles. It is a mix of fieldstone foundation and solid brick bearing walls where visible with a full basement with low ceiling. The wide sweeping verandah provides a lovely outside environment to compliment the updated offices. Asking Price
$2,118,888
Commission to Buyer Agent
3.5% of Purchase Price (Payable by the Vendor on Closing to cooperating brokerage directly via irrevocable direction)
Property Taxes
Final 2013:
Municipal Address
4460 Highway 7 East, Markham, Ontario L3R 1M2
Legal Description
Part of Lot 1 BTN Side Rd and Pavilion St. Plan 190 Markham (PIN No. 02987 0086).
Location
Situated on the northwest corner of Highway 7 East and Union Street, just west of Kennedy Road/Main Street, Unionville.
Square Footage
Approximately 4,974 in both the main house and coach house.
Main Building Rooms
Main Floor- Reception area Large Boardroom with 2 sets double pocket doors 1 kitchen with upgraded cabinets 1 private office 1 server room 1 x 2 pc washroom Basement (not included in square footage) Total space for 15 work stations in Main House New A/C, Furnace & 200 Amp service
Second Floor
3 private offices (1 is oversized) Wide hallway used as photocopy and general office area 1 Large 3 pc washroom
$8,561.32
Third Floor
Open general office area 2 private offices (1 office has cathedral ceiling) Peaked ceilings are finished in cedar
Coach House Rooms
Main Floor Open reception and general office areas 4 private offices 1 x 2pc washroom New Furnace & 200 Amp service Separate meters for both floors Separate entrances for both floors Total space for 10 work stations in Coach House No Basement
Second Floor
Loft
Large open general office area 3 private offices 1 x 4pc bathroom 1 Kitchen Barn board cabinets, ceramic floors Loft with full server & electrical capabilities
Parking Spaces
13 parking spaces
Lot Dimensions
See survey
Zoning
C1 - General Commercial
Official Plan Designation
Commercial
Mortgage
Potential to assign mortgage. Ask for details.
Summary of Improvements This 2½-storey century home and coach house was remodeled and expanded with many significant upgrades and renovations converting space to offices. The coach house building is of wood frame construction has new vinyl siding, eaves, fascia and soffits. The interior walls and ceilings have been replaced, together with floors which are hardwood on the main level and broadloom on the second level and loft. The site is landscaped in front with good signage, and paved and delineated to accommodate at least 13 vehicles at the side and rear. There is a small fenced side yard. There are two entrances from the covered verandah, brick walkways in front along with some foundation planting of shrubs, one mature tree and lighting. The remainder of the site excluding the small side yard and area to the rear of the coach house is fully paved. The broad curb cut off of Union Street offer very good vehicular access to the site and the parking area is integrated with the adjoining small plaza to the west, allowing alternate access and egress. Building Updates and Enhancements: * * * * * * * * * * * * * * * * * * * * * * * *
New Hardwood Flooring and broadloom Refinished Trim Eaves soffits and fascia were recently replaced on both buildings Track and pot lighting in main building Tamper proof fiber optic housing Dual inter connectivity between both buildings Dedicated fiber optic lines to both buildings Triple electrical connectivity with separate meters to each Updated electrical throughout, four separate electrical panels New furnaces in both buildings (2012/2014) New roofs on both buildings (2012/2013) UV light filtration system on the main building furnace Fully integrated fibreoptic and Cat6 cabling in both buildings High security window film on all windows in both buildings Ultra High security cliq access control key system (Unikey entry system) 20 camera CCTV security surveillance system viewable on site and off via mobile app. Temperature sensors and off site temperature control Independent climate control information technology rooms in both buildings New a/c units in the main building Refinished hardwood and new broadloom in main building (2010) New hardwood (2012) and new broadloom (2010) in coach house New deck by back door in main building Neutral painting done in both buildings (2010) ALL Chattels are negotiable: i.e.: custom work stations desks and furniture, TVs, IT server racks
NOTE: All information contained is for information purposes only. An environmental study and building condition report for the property are available on request (recently completed).
Located in Old Unionville, Markham, Ontario,Canada The maps incorporated herein show the subject property is situated on the northwest corner of Highway 7 East and Union Street to the west of Main Street, Unionville and Kennedy Road in the City of Markham. The neighborhood may be generally defined as the Highway 7 East corridor between Kennedy Road to the east and Warden Avenue to the west, but incorporating the historical Village of Unionville to the north which also encompasses the subject lands.
Located in Old Unionville, Markham, Ontario ,Canada
Land Uses The subject and nearby surrounding properties are within the Unionville Heritage Conservation District, includes property along Highway 7 East, and the main old Village of Unionville along Main Street. This area comprises a rather unique cluster of century homes typically on oversized lots which offer a very appealing village environment. The Main Street strip features numerous buildings converted to primarily commercial retail and office use which have become a well-known destination for specialty shops and professional services, restaurants and trendy businesses. There is a significant amount of destination trade to this area as a result, and pedestrian traffic tends to be heavy, especially in the late afternoon, evenings and on weekends. The short stretch of Highway 7 East, near the subject property reflects a rather eclectic mix of buildings, occupied by a range of primarily local trendy businesses. There are a few more modern retail plazas, but they tend to be small in scale. To the west is the City of Markham municipal offices surrounded by a rather significant amount of new and ongoing redevelopment which includes big box retailers and numerous condominium apartment and townhouse developments. Closer to the subject are several large and modern automobile dealerships, which also dominate the area to the south along Kennedy Road together with a large scale mixed use condominium development. There are also several smaller scale projects recently constructed or underway in that area. To the east is recent redevelopment including a new multi-unit retail project at the northwest corner of Kennedy Road and Highway 7 East which includes a new Shoppers Drug Mart and TD Bank. To the west the LCBO, RBC, BMO and other big box retailers have recently opened. The area is evolving rapidly and will entail many new developments over time, incorporating large and small scale projects. This trend is expected to continue for some time. Municipal Services Full municipal services, including storm and sanitary sewers, water mains, hydro, telephones, natural gas, paved roads, sidewalks and street lights, together with police and fire protection, are available throughout the neighbourhood. Transportation Vehicular access to the neighbourhood is considered to be excellent. York Regional Transit (Viva) is available throughout the area, connecting to the Toronto Transit system to the south. Highway 7 East is the primary east-west route through the City of Markham connecting to Highway 404 and to Richmond Hill and Vaughan in the west. There are a number of north-south arterial routes in close proximity including McCowan Avenue, Kennedy Road, Warden Avenue and Woodbine Avenue, with most having full interchange access to Highways 407 and 401 in the south. The Unionville Go Train station is in close proximity to the subject property to the south.
Main Building
Coach House
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