$474,000
110 - 40 NEW DELHI DRIVE
Beds
—
Baths
2
Sqft
—
Year
—
Type
Retail
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Markham (Cedarwood). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Two Floor Multi-Use Commercial Unit Zoned For Retail & Professional Offices. 2 Washrooms And 2 Seperate Entrances. Plaza With Lots Of Commercial And Retail Businesses Activities. Great Investment Opportunity In The Fast Growing Commercial And Residential Hub Of Markham. Close To 407, Costco, Banks, Home Depot etc.Idealy situated in Markham high traffic area.Mins from 407 and 401. Many new residential developments and sorrounded by major anchors such as Costco, Canadian Tire, Home Depot, Shopper Drug Mart etc. Photos are from the previous listing.Mnt. Fee $350 (id:65958)
- Subtype
- Retail
- Community
- Cedarwood
- Living area
- 740 square feet
- On market
- Apr 7, 2026
- Status changed
- Apr 28, 2026
- Annual tax
- $3,902.08
- Zoning
- Commercial
- Photos
- 19
- MLS#
- N12968048
- Area
- MARKHAM_(CEDARWOOD)
Features and systems
Heating
Cooling
Cash on cash
-6.72%
Cap rate
3.52%
GRM
16.5
Break-even rent
$2,959
Financing
Operating expenses (monthly)
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.
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Markham (Cedarwood). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.