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Investment signal

$419,800

K5 - 3255 HIGHWAY 7 E

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Beds

Baths

Sqft

Year

Type

Retail

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Markham (Buttonville). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Extremely rare opportunity ! Sales of Business WITH Property . Sellers are retiring after 20+ years operating at the same kiosk/location. Real busy retail Kiosk in "First Markham Place" - one of the busiest and well-established indoor mall with ample surface parking . This very affordable Kiosk is located at the Food Court area of the Mall with excellent exposure and very high traffic. Half of the kiosk is operating as a Lottery retailer (selling Lottery Tickets, 649, MAX etc) and Convenience/Variety Store (selling snacks, bottle drinks, cigarettes etc); and ATM machine. Turnkey business , very easy to operate. The other half of the kiosk is tenanted; generating extra rental income. Low operating expenses & low Condo Fee (includes utilities & water). Water supply and drainage are available at the unit, therefore possible to add extra beverage items to maximize your profits. Lots of room to generate extra income and to increase sales. Do not miss this excellent & exciting investment opportunity and/or to run your own business. Please note: Unit currently half tenanted; could be vacant possession on completion. (id:65958)

Subtype
Retail
Community
Buttonville
Living area
214 square feet
On market
Apr 18, 2026
Status changed
Apr 22, 2026
Annual tax
$2,864.07
Zoning
Commercial
Photos
8
MLS#
N13016762
Area
MARKHAM_(BUTTONVILLE)

Features and systems

Heating

Forced airNatural gas

Cooling

Fully air conditioned
Negative cash flow ~$219/mo at these assumptions

Cash on cash

-3.13%

Cap rate

4.24%

GRM

14.6

Break-even rent

$2,630

Financing

Down payment$83,960
Loan amount$335,840
Mortgage$1,702/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$192
Insurance$80
Maintenance$350
CapEx reserve$175
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,702/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.

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