#17 290 Yorktech Drive, Markham (Buttonville) - Business for Sale
#17 290 Yorktech Drive, Markham (Buttonville), Ontario, L6G0A7
This business in Markham is for sale offering roughly 1,427 sq ft of space.
Description
SALE OF LEASEHOLD IMPROVEMENTS / LEASE ASSIGNMENT OPPORTUNITY - BUSINESS, BRAND, EQUIPMENT & CHATTELS NOT INCLUDED. Excellent opportunity to take over a professionally designed and extensively improved commercial unit in a prime Markham location near First Markham Place and Hwy 7. The premises have undergone substantial leasehold improvements and offer an attractive, finished interior that may significantly reduce the time and cost associated with starting from a raw or unimproved commercial space. Existing lease runs until November 2027, with a renewal option, subject to the terms of the lease and landlord requirements. Current lease rate is below prevailing market rates, providing an additional advantage to an incoming operator. Ideal for a buyer seeking an established commercial space that can be adapted to their own concept, subject to zoning, permitted use, landlord approval and any applicable municipal requirements. Moneta Foto's business name, goodwill, customer database, social media accounts, photography equipment and other business assets are specifically excluded from the sale. Buyer to conduct their own due diligence regarding intended use, permits, licensing, lease assignment and landlord approval. Please do not go direct or disturb the operating business. Showings by appointment only. (id:66096)
Property Details
- MLS®
- N12372722
- Property Type
- Business
- Zoning
- Commercial/Retail/Industrial O1M(CS)
- Interior Size
- 1,427 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $5,422/yr
- Listed
- 429 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 429 days on market, against an average age of 90 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 (Buttonville) 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 (L6G)
This home lists at $70,000, about 1.1× the local median household income of $61,200.
Carrying it typically needs a household income of about $13,673 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $61,200
- Population
- 8,364
- Median age
- 35.2
- Owner / renter
- 54% / 46%
- Avg. household size
- 1.9
Source: Statistics Canada, 2021 Census (FSA L6G)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$70,000
Markham