#7 7595 Markham Road, Markham (Cedarwood) - Business for Sale
#7 7595 Markham Road, Markham (Cedarwood), Ontario, L3S0B6
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
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.
This business in Markham (Cedarwood) 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 (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)
Book a showing
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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 →$40,000
Markham
