#11 227 Main Street North, Markham (Old Markham Village) - Business for Sale
#11 227 Main Street North, Markham (Old Markham Village), Ontario, L3P1Y6
Description
Incredible opportunity to acquire a highly reputable, fully equipped turnkey restaurant in the heart of North Markham! Chef JiaFu Restaurant boasts a beautifully designed, modern dining area and a fully licensed commercial kitchen built to handle high-volume output. Located on the bustling Main Street Markham N, this prime location offers massive street exposure, excellent signage, and a steady stream of foot and vehicular traffic. Surrounded by a dense residential community and thriving local businesses. Truly a plug-and-play operation for an experienced restaurateur looking to expand or launch a premium concept. High-chattel value included. Move in and start operating immediately! (id:66096)
Property Details
- MLS®
- N13582142
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Restaurant
- Bathrooms
- 1
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 108 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 108 days on market, against an average age of 104 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) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3P)
This home lists at $180,000, about 1.6× the local median household income of $115,000.
Carrying it typically needs a household income of about $35,160 (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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$180,000
Markham