Description

Shops On Yonge Commercial Unit In A Prominent Mixed-Use Complex. Excellent Opportunity For End Users Or Investors, Surrounded By Over 1,250 Residential Units And Approximately 500 Retail And Office Spaces, Including A Food Court, Supermarket, And Hotel. High-Traffic Location Within The Mall At The Prime Yonge & Steeles Intersection.Rare Offering Featuring Landlord Upgrades With Enhanced WATER AND DRAIN Infrastructure-A Fully Equipped, Turn-Key Unit Suitable For A Variety Of Business Uses. Ideal For Hair Salon, Health And Wellness Retail, Massage Therapy, Nail Salon, Accessories, Or Clothing Boutique.Ample Parking Available For Customers. (id:66096)

Property Details

MLS®: N13070518
Property Type: Retail
Zoning: Commercial retial
Interior Size: 223 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Garage: Underground
Property Tax: $2,200/yr
Listed: 187 days ago

Market Timing

Days on market

187d

Markham (Grandview) listings, avg age

97d

Price / ft²

$628

List price

$140K

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 $140,000, about 1.5× the local median household income of $95,000.

Carrying it typically needs a household income of about $27,347 (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)

$140,000· $628/ft²

For sale

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Financing

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#216 7181 Yonge Street, Markham (Grandview) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L3T)

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