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115-121 398 Ferrier Street
Milliken Mills West York L3R 2Z5

$1 /For Sale
Commercial

Main Photo: 115-121 398 Ferrier Street in York: Milliken Mills West Property for sale (Markham)  : MLS®# N12007353
Photo 1: 115-121 398 Ferrier Street in York: Milliken Mills West Property for sale (Markham)  : MLS®# N12007353
Photo 2: 115-121 398 Ferrier Street in York: Milliken Mills West Property for sale (Markham)  : MLS®# N12007353
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N12007353
Bus Major:
Hospitality/Food Related
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
Property Type:
Commercial
Commercial Type:
Commercial/Retail
Total Area:
17,545 sq. ft.
Retail Area:
17,545 sq. ft.
Zoning:
commercial / retail
Heating type:
Gas Forced Air Open
Garage:
Plaza
Possession Details:
Flexible
Taxes:
$49,264 / 2024
Assessment:
$- / -
Milliken Mills West
Major Highway, Public Transit
Utilities:
Y
Energy Certification:
No
Water supply:
Municipal
Seller Property Info Statement:
No
Air Conditioning:
Y
Log/Bldg/Unit Code:
Unit
Sprinklers:
Yes
Type Taxes:
Annual
Category:
Commercial Condo
Major Business Type:
Hospitality/Food Related
Freestanding:
No
Date Listed:
Mar 07, 2025
Original Price:
Previous Price:
  • Photo 1: 115-121 398 Ferrier Street in York: Milliken Mills West Property for sale (Markham)  : MLS®# N12007353
    Photo 1 of 2
  • Photo 2: 115-121 398 Ferrier Street in York: Milliken Mills West Property for sale (Markham)  : MLS®# N12007353
    Photo 2 of 2
Listed by MARKHAM CENTRE REALTY INC.
Data was last updated March 9, 2025 at 07:55 PM (UTC)
ALEX PRASOULIS
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