Description

Great location in the heart of Markham, close to York University, YMCA, Go Train Station, T & T supermarket, professional offices, shopping centre, condominium, schools, public transit, Hwy 7 & Hwy 407, The unit is tenanted. Require to assume the existing tenant until the lease expires. Tenant spent over $200K on renovation (id:66096)

Property Details

MLS®: N12942402
Property Type: Retail
Zoning: Commercial
Interior Size: 707 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $6,243/yr
Listed: 218 days ago

Market Timing

Days on market

218d

Markham (Unionville) listings, avg age

63d

Price / ft²

$792

List price

$560K

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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Area context

Neighbourhood profile (L3R)

This home lists at $560,000, about 6.0× the local median household income of $93,000.

Carrying it typically needs a household income of about $109,388 (20% down, 25-yr amortization, stress-tested) — roughly 18% above 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)

$560,000· $792/ft²

For sale

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Financing

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#1002 32 South Unionville Avenue, Markham (Unionville) - Retail for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (L3R)

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