This retail property in Markham is for sale offering roughly 890 sq ft of space. It has been on the market 73 days, fresher than the Markham average of 95 days.

Description

Fantastic opportunity for investment on World On Yonge! Ground floor with two entrances: From main Shopping Centre & from Yonge st. Amazing retail visibility from Yonge street. One Of The best retail location in the complex, Conveniently Located Next To RBC Bank. Multi use complex w/ 4 residential towers, hotel, offices, supermarket & food court. Close to public transit and future subway extension. Ready to open your business. **EXTRAS** all elf's, all window coverings, 2 pieces washroom (id:66096)

Property Details

MLS®: N13704656
Property Type: Retail
Zoning: Commercial
Bathrooms: 1
Interior Size: 890 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Garage: Underground
Property Tax: $11,601/yr
Listed: 73 days ago

Features

Lot Features: Elevator

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

73d

Markham (Grandview) listings, avg age

95d

Price / ft²

$1,066

List price

$949K

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 (Grandview) has been listed for 73 days, which is 22 days fresher than the city average of 95. Act while there is still low competition.

Set a price alert Book a showing

Area context

Neighbourhood profile (L3T)

This home lists at $949,000, about 10.0× the local median household income of $95,000.

Carrying it typically needs a household income of about $185,373 (20% down, 25-yr amortization, stress-tested) — roughly 95% 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)

$949,000· $1,066/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

#111 7163 Yonge Street, Markham (Grandview) - Retail for Sale