Overview

This retail property in Markham is for sale offering roughly 1,784 sq ft of space. It has been on the market 28 days, fresher than the Markham average of 101 days.

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Description

LOCATION! LOCATION! LOCATION! Rarely Offered Restaurant Property For Sale In The Highly Desirable South Unionville Square! Excellent Exposure And Strong Visibility.Approximately 1,784 Sq. Ft. featuring a newly renovated restaurant with a rare extra-high ceiling, 21-ft commercial exhaust system, upgraded HVAC system, and fully equipped commercial kitchen. All business chattels & equipment included in the purchase price. Turnkey opportunity for self-use or investment.Located in a vibrant commercial plaza surrounded by high-density residential communities and close to restaurants, YMCA, Unionville GO Station, Future York University Markham Campus, public transit, Hwy 7 & Hwy 407. TMI: Approx. $20.05/Sq. Ft. Ideal for various restaurant concepts. Don't miss this rare opportunity! (id:66096)

Property Details

MLS®: N13872598
Property Type: Retail
Zoning: Commercial Retail
Interior Size: 1,784 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $12,164.26/yr
Listed: 28 days ago

Market Timing

Days on market

28d

Markham (Village Green-South Unionville) listings, avg age

101d

Price / ft²

$980

List price

$1.75M

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 retail in Markham (Village Green-South Unionville) has been listed for 28 days, which is 73 days fresher than the city average of 101. Act while there is still low competition.

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Area context

Neighbourhood profile (L3R)

This home lists at $1,749,000, about 18.8× the local median household income of $93,000.

Carrying it typically needs a household income of about $341,641 (20% down, 25-yr amortization, stress-tested) — roughly 267% 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)

$1,749,000· $980/ft²

For sale

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Financing

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#1077 8333 Kennedy Road, Markham (Village Green-South Unionville) - Retail for Sale

Description

Property Details

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Market Timing

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Neighbourhood profile (L3R)

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