Overview

This retail property in Markham is for sale offering roughly 422 sq ft of space. It has been on the market 21 days, fresher than the Markham average of 95 days.

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Description

An exceptional opportunity to own or lease a premium commercial unit in World on Yonge, ideallysituated at the high-traffic intersection of Yonge Street and Steeles Avenue. Located on themain level of a 2-Storey indoor shopping mall, this impressive South East-facing corner unitoffers excellent visibility, prominent exposure, and convenient access to a vibrant commercialand residential community.World on Yonge is a dynamic, integrated community featuring over 300 retail shops, a foodcourt, supermarket, restaurants, banks, professional offices, a boutique hotel, and fourresidential condominium towers. This established destination attracts residents, shoppers,office workers, and visitors throughout the day, creating a strong customer base and excellentbusiness potential.Outstanding visibility, excellent pedestrian traffic, convenient parking, and a thrivingresidential and commercial community make this a fantastic opportunity at Shops on Yonge- World on Yonge. Don't miss out! (id:66096)

Property Details

MLS®: N14029222
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Commercial
Interior Size: 422 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Garage: Underground
Property Tax: $4,125.27/yr
Listed: 21 days ago

Market Timing

Days on market

21d

Markham (Grandview) listings, avg age

95d

Price / ft²

$469

List price

$198K

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 21 days, which is 74 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 $198,000, about 2.1× the local median household income of $95,000.

Carrying it typically needs a household income of about $38,676 (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)

$198,000· $469/ft²

For sale

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Financing

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#132 7181 Yonge Street, Markham (Grandview) - Retail for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (L3T)

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