#3 7605 Woodbine Avenue, Markham (Milliken Mills West) - Business for Sale
#3 7605 Woodbine Avenue, Markham (Milliken Mills West), Ontario, L3R5V3
Description
Turnkey quick service restaurant located on Woodbine in Markham, currently operating as Pitalicious Shawarma. Excellent street visibility and a proven QSR layout make this a strong opportunity for an owner-operator or investor entering a high-traffic location.The space offers approx. 1,577 sq. ft. with seating for ~40 guests and a well-designed, efficiency-driven production kitchen built for volume. Fully equipped with a commercial hood and extensive chattels, allowing for a seamless transition and reduced startup costs.Business shall be rebranded to suit a new concept, cuisine, or franchise model. The buyer will be signing a new lease agreement with the landlord. Current gross rent of $4,600/month (Tenancy ends in August) provides stable and predictable occupancy costs in a desirable Markham corridor.A true turnkey opportunity with flexibility and upside. Please do not go direct or speak with staff or ownership. Send all showing inquiries via Broker Bay (id:66096)
Property Details
- MLS®
- N13151366
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Business Commercial
- Frontage
- 150 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 168 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 168 days on market, against an average age of 86 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) 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 (L3R)
This home lists at $89,000, about 1.0× the local median household income of $93,000.
Carrying it typically needs a household income of about $17,385 (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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$89,000
Markham