#1 7481 Woodbine Avenue, Markham (Milliken Mills West) - Business for Sale
#1 7481 Woodbine Avenue, Markham (Milliken Mills West), Ontario, L3R2W1
This business in Markham is for sale. It has been on the market 71 days, fresher than the Markham average of 89 days.
Description
PROJECT BUYOUT - Montessori Private school/Daycare - With the Greater York Region exploding in its demand for early-learning centers, this 7,500sq/ft space offers the perfect solution! Centrally located in one of Markham's most premium, high income neighborhoods, the proposed project is for a Daycare/Private school with a ministry approved capacity of 110 kids. With ALL due diligence Including Permits, zoning, licensing & more already COMPLETED by the seller, not only will it save you months of hassle, but with construction also approved- this incredible opportunity is ready to hit the ground running! Included with take-over are all architectural drawings, Financial projections, business brochures & all other aspects of the business including training. July & August rent free. This space offers endless possibilities! Seller is also open to taking on a business partner or various other creative financing structures. Can take over existing business or use the space for other. Permit approved, Playground approved, Ministry approval *CWELCC approved site (reapplication required when window opens) Student waitlist included, Ministry approved policies included.Project needs: Roughly $600k for conversion to daycare, $50k for furniture. Rent is $30k/month (id:66096)
Property Details
- MLS®
- N13717116
- Property Type
- Business
- Business Type
- Institutional
- Zoning
- EMP-SE
- Lot Size
- 84 × 38 ft (3,187 sq ft)
- Frontage
- 84 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Garage
- Other
- Listed
- 71 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 71 days on market, against an average age of 89 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 (Milliken Mills West) has been listed for 71 days, which is 18 days fresher than the city average of 89. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3R)
This home lists at $120,000, about 1.3× the local median household income of $93,000.
Carrying it typically needs a household income of about $23,440 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $93,000
- Population
- 62,060
- Median age
- 46.4
- Owner / renter
- 83% / 17%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA L3R)
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$120,000
Markham