#5&6 1 Mintleaf Gate North, Markham (Markham Village) - Business for Sale
#5&6 1 Mintleaf Gate North, Markham (Markham Village), Ontario, L3P5X4
This business in Markham is for sale offering roughly 1,800 sq ft of space.
Description
Attention Entrepreneurs & Investors! Highly Lucrative Convenience Store Opportunity Start Earning from Day One, turnkey, high-income convenience store located in a prime, well-established plaza in one of the most sought after location in Markham Village with exceptional foot traffic. Ideal to run as family operated business with $50,000, and Gross Income of around $ 9000 per month, driven by a robust mix of groceries, lottery, cigarettes, and recently added beer and wine sales. A clear, proven trend of increasing revenue month-over-month . Great expansion potential remains, including the capability for two separate entrances to introduce high-margin vape sales. spacious 1,800 sq. ft. retail and office layout includes a 2-piece washroom and secure 5+5 year lease. The incredibly low rent is only$4,750per month, inclusive of TMI!Under the current ownership, the store has undergone a modern revitalization with brand-new flooring, an upgraded POS system, and bright, energy-efficient lighting. It is meticulously maintained, fully stocked, and enjoys a rapidly growing, loyal customer base with substantial repeat clientele. Fully equipped with a multi-door walk-in cooler, premium beverage fridges, cigarette cabinets and high-visibility lottery racks at the checkout. On-site ATM and Bitcoin terminals. Spacious, organized backroom storage area that serves as an office. A truly rare find with low overhead and massive growth potential. (id:66096)
Property Details
- MLS®
- N13594482
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Commercial
- Interior Size
- 1,800 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 105 days ago
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 105 days on market, against an average age of 32 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 (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 $175,000, about 1.5× the local median household income of $115,000.
Carrying it typically needs a household income of about $34,184 (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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$175,000
Markham