haho.ca
$40,000
For sale

#7 7595 Markham Road, Markham (Cedarwood) - Business for Sale

#7 7595 Markham Road, Markham (Cedarwood), Ontario, L3S0B6

853 ft²Listed 92 days ago
Overview

This business in Markham is for sale offering roughly 853 sq ft of space.

Description

Excellent Opportunity to Own a Profitable Grocery Business!Well-established grocery store located in a high-traffic, busy plaza in the heart of Markham. Surrounded by strong residential neighborhoods and complementary retail businesses, this location benefits from excellent visibility, ample customer parking, and consistent walk-in traffic.The business features a loyal customer base, a well-maintained interior, and an efficient layout. Great opportunity for owner-operators, families, or investors looking to expand their retail portfolio. Turnkey operation with significant potential to increase sales by adding products, services, or extended operating hours.Please do not approach staff directly. All inquiries and showings are by appointment only through the listing brokerage. Financial information is available to qualified buyers upon signing a confidentiality agreement (NDA). (id:66096)

Property Details

MLS®
N13635786
Property Type
Business
Business Type
Food Services and Beverage
Zoning
MC406SC
Interior Size
853 ft²
Frontage
12 ft
Heating
Forced air
Cooling
Fully air conditioned
Property Tax
$4,215/yr
Listed
92 days ago

Features

Appliances
Freezer

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
92d
Markham (Cedarwood) listings, avg age
48d
Price / ft²
$47
List price
$40K

Long Listed: 92 days on market, against an average age of 48 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.

Haho

This business in Markham (Cedarwood) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by HOMELIFE/MIRACLE REALTY LTD · NAJMI MUHAMMAD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3S)

This home lists at $40,000, about 0.4× the local median household income of $106,000.

Carrying it typically needs a household income of about $7,813 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$106,000
Population
55,403
Median age
39.6
Owner / renter
83% / 17%
Avg. household size
3.7

Source: Statistics Canada, 2021 Census (FSA L3S)

$40,000· $47/ft²
For sale

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Financing

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.

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$40,000

Markham

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