4300 Steeles Ave E

LocationMilliken Mills East, L3R 0Y5
$1.74M For Sale
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Description

Own a fully leased food court unit in Pacific Mall, North America's largest indoor Asian shopping centre an iconic cultural landmark where generations have gathered. This investment features 3 food stalls, a 64-seat dining area. Generates over $198,000 in annual rental income (over $360,000 when combined with other listing MLS #N12107338, with 6 stalls total), with strong net returns and a cap rate of over 6.25%. Prime second-floor location beside elevators and escalators ensures maximum foot traffic. Pacific Mall offers surface and underground parking and consistently draws high visitor volume. Strategically positioned on the Markham-Scarborough border, it attracts loyal local shoppers and steady tourist traffic. Buy a piece of memory an opportunity to invest not just in a thriving business, but in a place where visitors come to taste nostalgia, reconnect with culture, and experience a slice of home. A rare chance to own a part of a true landmark. Must be purchased with MLS #N12107338. (Photos have been slightly altered to protect privacy of vendors.)

Features

  • Business Type
    Category: Hospitality/Food Related
  • Commercial Total Area
    Total Area: 2,112 sqft
  • Commercial Retail Area
    Retail Area: 2,112 sqft
  • Commercial Parking Types
    Parking Types: Underground

Details

  • Commercial Zoning
    Zoning: Commercial
  • Tax Amount
    Tax: $ 22,711
  • Commercial Condo Maintenance
    Maintenance: $ 2,770
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: N
  • MLS
    N12107344
  • Listing contracted with: CENTURY 21 ATRIA REALTY INC.

Transit Accessibility

Milliken Go Train Station (0.5km)

Location