haho.ca
$175,000
$199,800For salePrice drop↓ $24,800 (12%)

9730 Markham Road, Markham (Greensborough) - Business for Sale

9730 Markham Road, Markham (Greensborough), Ontario, L6E0H7

Listed 32 days ago
Overview

This business in Markham is for sale. It has been on the market 32 days, fresher than the Markham average of 48 days.

Description

Prime Restaurant Opportunity at the High-Traffic Intersection of Markham Rd & 16th Ave! Currently operating as a Hero Certified Burgers location, this well-established restaurant space offers an excellent foundation for a new concept, expanding brand, or existing restaurant chain. The unit features substantial leasehold improvements and comes equipped with the essential infrastructure and equipment needed for restaurant operations, allowing a new operator to take advantage of an already established setup. Suitable for a wide variety of food and restaurant concepts. Located in a busy commercial plaza surrounded by strong traffic generators, including other popular restaurants, LCBO, Beer Store, Home Depot, Starbucks, major banks, fitness/studio uses, retail, and other high-traffic businesses. Excellent exposure, accessibility, lots of parking, and surrounding commercial activity make this a standout opportunity in Markham. Don't miss your chance! Some photos are enhanced with AI. (id:66096)

Property Details

MLS®
N13858062
Property Type
Business
Business Type
Restaurant
Zoning
commercial
Frontage
56 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
32 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
32d
Markham (Greensborough) listings, avg age
48d
List price
$175K

Extended: 32 days on market, against an average age of 48 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.

Haho

This business in Markham (Greensborough) has been listed for 32 days, which is 16 days fresher than the city average of 48. Act while there is still low competition.

Listed by HOMELIFE LANDMARK REALTY INC. · YAN HAO MA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6E)

This home lists at $175,000, about 1.5× the local median household income of $115,000.

Carrying it typically needs a household income of about $34,184 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$115,000
Population
38,387
Median age
39.6
Owner / renter
87% / 13%
Avg. household size
3.3

Source: Statistics Canada, 2021 Census (FSA L6E)

$175,000
For sale

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Financing

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$175,000

Markham

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