Description

Prime retail space at Shops on Yonge in the World on Yonge mixed-use development complex. 3 adjacent units 206, 207, 208 can be sold separate or together with total of 792 sq. ft. Elevator access and excellent frontage being adjacent to escalators on 2nd floor. Unit (s) suitable for variety of retail/office/business use (207 & 208 currently a salon). Over 100 retail and service shops. Plenty of parking, public transit, tons of amenities and excellent location. (id:66096)

Property Details

MLS®: N12723038
Property Type: Retail
Zoning: Hc1
Interior Size: 264 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Garage: Underground
Property Tax: $2,303.3/yr
Listed: 286 days ago

Market Timing

Days on market

286d

Markham (Thornhill) listings, avg age

96d

Price / ft²

$413

List price

$109K

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

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Area context

Neighbourhood profile (L3T)

This home lists at $109,000, about 1.1× the local median household income of $95,000.

Carrying it typically needs a household income of about $21,292 (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)

$109,000· $413/ft²

For sale

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Financing

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#206 7181 Yonge Street, Markham (Thornhill) - Retail for Sale