Description

Ready To Start Your Business with AAA Location Prime Commercial Unit At Shops On Yonge. Busy Corner Unit On Main Level Next To 3 ways to Entrance Door And Elevator. Turn-Key Beauty Clinic, Currently Set-Up As Beauty Aesthetic & Laser Clinic in The Ground Floor. Renovated Flr & Lights and Water hooked up with sink in place. Total 760Sqft. Shopping Mall, Bank, Supermarket, Restaurants & Directly Connected To 4 High Rise Residential Towers, Offices & Hotel. Ample underground parking space for Owner, Tenants and Visitors. Perfect for Owner or Investor. Excellent Investment Opportunity! (id:66096)

Property Details

MLS®: N13654120
Property Type: Retail
Zoning: Commercial
Interior Size: 760 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $7,385.85/yr
Listed: 88 days ago

Market Timing

Days on market

88d

Markham (Thornhill) listings, avg age

95d

Price / ft²

$592

List price

$450K

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 (Thornhill) has been listed for 88 days, which is 7 days fresher than the city average of 95. Act while there is still low competition.

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Area context

Neighbourhood profile (L3T)

This home lists at $450,000, about 4.7× the local median household income of $95,000.

Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$450,000· $592/ft²

For sale

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Financing

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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.

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#120-121 7181 Yonge Street, Markham (Thornhill) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L3T)

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