Description

Great location in the heart of Markham, close to York U, T & T supermarket, schools, professional offices, shopping centers, residential area, restaurants, Good for investment or self operating business. Good for retail, studio, show room, office, beauty services etc The buyer needs to assume the existing tenant's lease until terms expire. (id:66096)

Property Details

MLS®: N13729916
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Commercial
Interior Size: 673 ft²
Frontage: 1 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $3,974.3/yr
Listed: 64 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

64d

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

101d

Price / ft²

$562

List price

$378K

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 64 days, which is 37 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 $378,000, about 4.1× the local median household income of $93,000.

Carrying it typically needs a household income of about $73,837 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$378,000· $562/ft²

For sale

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Financing

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#2011 8333 Kennedy Road, Markham (Village Green-South Unionville) - Retail for Sale