Opportunities knock with tons of upside. 2,300+ sqft of Golden Foodcourt Space (when bought together with F26). Located at the best corner on the second floor of Pacific Mall. Enjoy the advantage of the tons of traffic right in front of the main escalator. Currently features 5 food-court stalls and 64 seats. Current Owner of 14 years wants to retire. VTB option available for new buyer. Tons of upside to be easily realized. Potential Cap rate can be easily 8:t with a few tweaks for off-hand investors. Space can potentially be transformed and modernized for even more return for the owner-operator. This is not to be missed!
4300 Steeles Avenue E F28
Milliken Mills East, Markham, York $1,500,000Make an offer
2 Baths
Underground
Garage
Zoning: SC2-S
- MLS®#:
- N12879848
- Property Type:
- Commercial Retail
- Property Style:
- Area:
- York
- Community:
- Milliken Mills East
- Taxes:
- $21,365.55 / 2025
- Added:
- March 13 2026
- Lot Frontage:
- 0
- Lot Depth:
- 0
- Status:
- Active
- Outside:
- Year Built:
- 16-30
- Brokerage:
- CHESTNUT PARK REAL ESTATE LIMITED
- Intersection:
- Kennedy & Steeles
- Rooms:
- Bedrooms:
- Bathrooms:
- 2
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Yes
- Heating Type:
- Electric Forced Air
- Heating Fuel:
Listing Details
Insights
- High Potential Return on Investment: The property boasts a potential cap rate of 8% with minimal adjustments, making it an attractive opportunity for off-hand investors looking for solid returns.
- Prime Location with High Foot Traffic: Situated at the best corner on the second floor of Pacific Mall, the property benefits from significant foot traffic, especially near the main escalator, enhancing visibility and customer access.
- Opportunity for Modernization: The space can be transformed and modernized, allowing for increased returns for owner-operators, making it a versatile investment for various business concepts.
Neighborhood Overview
Complete neighborhood profile for 4300 Steeles Avenue E F28
Milliken Mills East home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in Milliken Mills East
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
