Overview

This industrial property in Markham is for sale offering roughly 15,928 sq ft of space.

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Description

Brand-new, energy-efficient warehouse in a premier location with modern architectural design. Features 32' clear ceiling height, two truck-level loading docks with levellers, one drive-in door, and a pre-engineered steel and concrete mezzanine for additional office or storage space. Premium finishes throughout. Ideally located minutes to Downtown Markham with quick access to Hwy 404, making it an excellent opportunity for businesses or investors. (id:66096)

Market Timing

Days on market

84d

Markham (Milliken Mills West) listings, avg age

86d

Price / ft²

$558

List price

$8.89M

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 industrial in Markham (Milliken Mills West) has been listed for 84 days, which is 2 days fresher than the city average of 86. Act while there is still low competition.

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Area context

Neighbourhood profile (L3R)

This home lists at $8,889,500, about 95.6× the local median household income of $93,000.

Carrying it typically needs a household income of about $1,736,431 (20% down, 25-yr amortization, stress-tested) — roughly 1767% 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)

$8,889,500· $558/ft²

For sale

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Financing

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#107 7755 Birchmount Road, Markham (Milliken Mills West) - Industrial for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (L3R)

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