$1,698,000

For sale

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7181 Yonge Street, Markham (Grandview) - Retail for Sale

7181 Yonge Street, Markham (Grandview), Ontario, L3T0C7

2 baths1,990 ft²Listed 204 days ago

Overview

This retail property in Markham is for sale offering roughly 1,990 sq ft of space.

Retail Space for Sale in Markham →All real estate in Markham →

Description

Golden Opportunity! Excellent Exposure! "World On Yonge" Is Complex With Residential, Retail, Office, Hotel, Commercial Units. Indoor Retail Shopping Mall With Banks, Supermarket, Restaurant & Directly Connected To 4 High Rise Residential Towers ( Around 1200 Condos Units). Loads Of Underground Parking Available. Opportunity Available To Grow Your Business In An Excellent Location. Three Units (7 & 108 & 109) On the Ground Floor With Total 1900Sqft Can Be Sold Together or Individually, or With Different Combinations. Modern Finished Units With Open Layout Offers Total Seven Functional Rooms, Two Washrooms and One Kitchen. Unit 7 (671-sqft) Has Great Exposure On the Ground Floor With Center Yard Direct Access. Unit 108 & 109 (654-sqft + 665-sqft) Are Next To The Side Entrance To the High Rise Residential Condos. These Three Combined Units Offer An Ideal Setup Ready For Any Retail Or Service-Related Business Such As Office, Dentist, Medical Clinic, Accounting And Much More. (id:66096)

Property Details

MLS®: N12994528
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Commercial Retail
Bathrooms: 2
Interior Size: 1,990 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Garage: Underground
Property Tax: $17,287.43/yr
Listed: 204 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

204d

Markham (Grandview) listings, avg age

97d

Price / ft²

$853

List price

$1.70M

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

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Listed by HOMELIFE NEW WORLD REALTY INC. · HONG LIU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $1,698,000, about 17.9× the local median household income of $95,000.

Carrying it typically needs a household income of about $331,679 (20% down, 25-yr amortization, stress-tested) — roughly 249% 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)

$1,698,000· $853/ft²

For sale

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Financing

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