Overview

This office property in Markham is for sale offering roughly 1,332 sq ft of space.

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Description

Location! Location! Location! Located at the highly sought after Woodbine Business Centre on the Business Corridor along Woodbine Ave, with easy access to Hwy 404 & 407 and Hwy 7. Currently a Mon Sheong retirement home is being built just north of this professional use commercial building. Our corner unit with North east exposure has 1332 Sqft and it offers lots of windows, a reception area, a customer waiting area, a pantry, 1 washroom and 9 private rooms that can be readily used as offices or treatment rooms. The unit is currently practicing Chinese Medicine and Acupuncture therapy. The Building allows many professional uses both medical and non-medical with some restrictions. Please refer to attachment for restrictions. The condo fee includes Hydro, Gas, Heat, Cac, Water, Parking, Common Element and Building Insurance. (id:66096)

Property Details

MLS®: N13508658
Property Type: Office
Business Type: Other
Zoning: BC
Bathrooms: 1
Interior Size: 1,332 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $6,313.17/yr
Listed: 128 days ago

Features

Appliances: Washer, Window Coverings
Lot Features: Elevator

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

128d

Markham (Buttonville) listings, avg age

86d

Price / ft²

$472

List price

$629K

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 (L3R)

This home lists at $629,000, about 6.8× the local median household income of $93,000.

Carrying it typically needs a household income of about $122,866 (20% down, 25-yr amortization, stress-tested) — roughly 32% above 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)

$629,000· $472/ft²

For sale

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Financing

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#228 8787 Woodbine Avenue, Markham (Buttonville) - Office for Sale