Description

Fully renovated retail unit in Langham Square Mall, anchored by T&T Supermarket, with large windows facing Kennedy Road. Ideally located in the heart of Markham, close to Hwy 407, GO Transit, YRT/Viva, YMCA, Pan Am Centre, York University, schools, professional offices and established residential neighbourhoods. Excellent opportunity for investors or future owner-operators, with potential uses including office, retail, studio, nail or beauty salon, bubble tea and dessert shop, subject to applicable approvals. Suitable for soft cooking. Currently tenanted on a month-to-month lease; tenant is willing to stay. Please view from outside only and do not disturb the tenant. (id:66096)

Property Details

MLS®: N13851608
Property Type: Retail
Zoning: Commercial/Retail
Interior Size: 254 ft²
Building Area: 254 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Garage: Underground
Property Tax: $1,853.51/yr
Listed: 34 days ago

Market Timing

Days on market

34d

Markham (Unionville) listings, avg age

63d

Price / ft²

$504

List price

$128K

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 (Unionville) has been listed for 34 days, which is 29 days fresher than the city average of 63. Act while there is still low competition.

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Area context

Neighbourhood profile (L3R)

This home lists at $128,000, about 1.4× the local median household income of $93,000.

Carrying it typically needs a household income of about $25,003 (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)

$128,000· $504/ft²

For sale

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Financing

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#2101 8339 Kennedy Road, Markham (Unionville) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L3R)

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