8 Washington Street, Markham (Old Markham Village) - Business for Sale
8 Washington Street, Markham (Old Markham Village), Ontario, L3P2R2
This business in Markham is for sale offering roughly 1,000 sq ft of space. It has been on the market 77 days, fresher than the Markham average of 105 days.
Description
Location ! Location ! Location ! High traffic & busy location at Markham Rd/ Hwy 7. Excellent opportunities for Asian chef or family run restaurant. Very reasonable rent and good profit potential. Good chance to change to HK style cafe, Viet and other trendy cuisine. Long Lease with option. Fully equipped with walk-in freezer & cooler. Huge basement for storage and food preparation. (id:66096)
Property Details
- MLS®
- N13697506
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMMERCIAL
- Bathrooms
- 3
- Interior Size
- 1,000 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 77 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 77 days on market, against an average age of 105 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 (Old Markham Village) has been listed for 77 days, which is 28 days fresher than the city average of 105. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3P)
This home lists at $159,800, about 1.4× the local median household income of $115,000.
Carrying it typically needs a household income of about $31,215 (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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$159,800
Markham