5694 Highway 7 Highway, Markham (Bullock) - Business for Sale
5694 Highway 7 Highway, Markham (Bullock), Ontario, L3P1B4
This business in Markham is for sale. It has been on the market 40 days, fresher than the Markham average of 52 days.
Description
Great opportunity to own Wing Spot in a prime Markham location at 5694 Hwy 7, Unit 5. This turnkey restaurant features a fully equipped commercial kitchen with a commercial hood system, walk-in fridge, walk-in cooler, and essential restaurant equipment. The business currently provides school catering services, offering an additional revenue stream and growth potential. Located in a high-traffic area with excellent exposure and strong surrounding businesses such as Service Ontario. Ideal for an owner-operator or investor looking to continue the existing concept . Great potential to expand through dine-in, takeout, delivery, catering, and other opportunities. Water tank is rental. (id:66096)
Property Details
- MLS®
- N13830008
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- c
- Frontage
- 336 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 40 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 40 days on market, against an average age of 52 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Markham (Bullock) has been listed for 40 days, which is 12 days fresher than the city average of 52. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3P)
This home lists at $235,000, about 2.0× the local median household income of $115,000.
Carrying it typically needs a household income of about $45,904 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $115,000
- Population
- 37,336
- Median age
- 47.2
- Owner / renter
- 85% / 15%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA L3P)
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$235,000
Markham