#109 7077 Kennedy Road, Markham (Milliken Mills West) - Business for Sale
#109 7077 Kennedy Road, Markham (Milliken Mills West), Ontario, L3R0N8
This business in Markham is for sale offering roughly 2,070 sq ft of space. It has been on the market 43 days, fresher than the Markham average of 85 days.
Description
LOCATION! LOCATION! LOCATION! Restaurant For Sale In Pacific Mall, One Of The GTA's Most Popular Shopping Destinations With Strong Daily Foot Traffic And Excellent Exposure. This Well-Established Restaurant Offers 2,070 SqFt Of Space With A 92-Seats Capacity LLBO Licence. Fully Equipped Professional Commercial Kitchen With Walk-In Cooler And A Complete Range Of Restaurant Equipment. Highly Visible Signage, Ample On-Site Parking, And A Prime Location Within A Busy Shopping Destination. Stable Existing Operation With Great Potential For A Wide Variety Of Restaurant Concepts And Cuisine Types. An Excellent Opportunity For Both Experienced Operators And New Restaurant Entrepreneurs. (id:66096)
Property Details
- MLS®
- N13812200
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 2
- Interior Size
- 2,070 ft²
- Lot Size
- 2,070 sq ft
- Frontage
- 55 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $17,195.88/yr
- Listed
- 43 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 43 days on market, against an average age of 85 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 43 days, which is 42 days fresher than the city average of 85. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3R)
This home lists at $349,000, about 3.8× the local median household income of $93,000.
Carrying it typically needs a household income of about $68,172 (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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$349,000
Markham