#5 5 GLEN CAMERON Road, Markham (Thornhill) - Business for Sale
#5 5 GLEN CAMERON Road, Markham (Thornhill), Ontario, L3T5W2
This business in Markham is for sale offering roughly 2,230 sq ft of space. It has been on the market 30 days, fresher than the Markham average of 95 days.
Description
An exciting opportunity to acquire a popular Bar/restaurant located in the heart of Thornhill. Walking distance to Yonge and Steeles, Surrounded By Many Condominiums. The established business offers a welcoming atmosphere, attractive interior, and a concept well suited to both dining and social gatherings. The restaurant features a thoughtfully designed space with a comfortable dining area and bar, making it suitable for intimate dinners, celebrations, private events, and casual gatherings. Highlights: Established restaurant and bar concept in Thornhill-Attractive and inviting interior - Fully equipped restaurant operation-Functional kitchen and bar setup-Suitable for dine-in, private events and group gatheringsExcellent opportunity for an owner-operator or experienced hospitality entrepreneurOpportunity to continue the existing concept or introduce a new visionA great opportunity to take over an operating restaurant space in one of the GTA's established communities.Serious inquiries only. (id:66096)
Property Details
- MLS®
- N13863700
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMMERCIAL
- Interior Size
- 2,230 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 30 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 30 days on market, against an average age of 95 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 (Thornhill) has been listed for 30 days, which is 65 days fresher than the city average of 95. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3T)
This home lists at $499,000, about 5.3× the local median household income of $95,000.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 3% above the area median.
- Median household income
- $95,000
- Population
- 50,405
- Median age
- 47.2
- Owner / renter
- 76% / 24%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA L3T)
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 →
$499,000
Markham