Description

Investor & End users opportunity, Motivated Seller in Shops On Yonge, Tenanted and Finished Retail Unit priced to sell! Can Be multi Used for offices and small business. Ample Parking Space For Visitors With Over 300 Retail Units And Over 1100 Residential Units In The Complex. (id:66096)

Property Details

MLS®: N12991878
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Commercial
Interior Size: 332 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $1,754.31/yr
Listed: 205 days ago

Market Timing

Days on market

205d

Markham (Grandview) listings, avg age

97d

Price / ft²

$446

List price

$148K

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 $148,000, about 1.6× the local median household income of $95,000.

Carrying it typically needs a household income of about $28,910 (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)

$148,000· $446/ft²

For sale

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Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

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#263 7181 Yonge Street, Markham (Grandview) - Retail for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L3T)

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