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$49,000
$59,000For salePrice drop↓ $10,000 (17%)

#B 4471 Highway 7, Markham (Unionville) - Business for Sale

#B 4471 Highway 7, Markham (Unionville), Ontario, L3R1M1

1 bath642 ft²Listed 19 days ago
Overview

This business in Markham is for sale offering roughly 642 sq ft of space. It has been on the market 19 days, fresher than the Markham average of 63 days.

Description

LOCATION! LOCATION! LOCATION! Excellent Opportunity To Own A Bakery Business On Busy Highway 7 In The Heart Of Unionville! Prime Street-Facing Location With Excellent Visibility And Prominent Signage Directly Facing Highway 7, Attracting Strong Walk-In Traffic. Conveniently Located With Public Transit At The Front Door And Just Minutes' Walk To Historic Main Street Unionville. Approximately 642 Sq. Ft. On The Main Floor Plus Basement For Additional Storage. Very Low Rent And Stable Business With Fully Equipped Facilities. Ideal For Bakery, Cafe, Coffee Shop, Cake Shop, Dessert Shop, Beverage Shop, Or Other Related Food Concepts. A Fantastic Turnkey Opportunity In A Highly Desirable Location! (id:66096)

Property Details

MLS®
N14087710
Property Type
Business
Business Type
Food Services and Beverage
Zoning
Commercial
Bathrooms
1
Interior Size
642 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$540.71/yr
Listed
19 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
19d
Markham (Unionville) listings, avg age
63d
Price / ft²
$76
List price
$49K

Active: 19 days on market, against an average age of 63 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 (Unionville) has been listed for 19 days, which is 44 days fresher than the city average of 63. Act while there is still low competition.

Listed by BAY STREET GROUP INC. · DANIEL DONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3R)

This home lists at $49,000, about 0.5× the local median household income of $93,000.

Carrying it typically needs a household income of about $9,571 (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)

$49,000· $76/ft²
For sale

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Financing

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$49,000

Markham

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