$200,000

For saleJust listed

#281 7181 Yonge Street, Markham (Grandview) - Retail for Sale

#281 7181 Yonge Street, Markham (Grandview), Ontario, L3T0C7

308 ft²Listed 2 days ago

Overview

This retail property in Markham is for sale offering roughly 308 sq ft of space. It has been on the market 2 days, fresher than the Markham average of 95 days.

$200,000· $649/ft²

For sale

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#247 7181 Yonge Street, Markham (Grandview), Ontario, L3T0C7

551 ft²

Listed by HC REALTY GROUP INC.

#132 7181 Yonge Street, Markham (Grandview), Ontario, L3T0C7

For sale

21 days ago

$198K

#132 7181 Yonge Street, Markham (Grandview), Ontario, L3T0C7

422 ft²

Listed by REMAX YC REALTY

#111 7163 Yonge Street, Markham (Grandview), Ontario, L3T0C6

For sale

73 days ago

$949K

#111 7163 Yonge Street, Markham (Grandview), Ontario, L3T0C6

1 ba890 ft²

Listed by RE/MAX EXCEL REALTY LTD.

#204 7181 Yonge Street, Markham (Grandview), Ontario, L3T0C7

For sale

99 days ago

$145K

#204 7181 Yonge Street, Markham (Grandview), Ontario, L3T0C7

248 ft²

Listed by HOMELIFE FRONTIER REALTY INC.

$200,000

Markham

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Description

One Of The Best Location At "Shop On Yonge', The New Mixed Complex: Retailer, Office, Condo, Supermarket, Restaurants, And Hotel. Great Opportunity For Investor And End User. The Unit Is Located On The 2nd Floor Close To Food Court With 2 Sides Access.Perfect For Any Service-Related Or Retail Business. Unit Has Electrical And Water Supply Rough-In. "Active Tea Shop Is Currently Running In This Unit." (id:66096)

Market Timing

Days on market

Markham (Grandview) listings, avg age

95d

Price / ft²

$649

List price

$200K

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.

Area context

Neighbourhood profile (L3T)

This home lists at $200,000, about 2.1× the local median household income of $95,000.

Carrying it typically needs a household income of about $39,067 (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)

#281 7181 Yonge Street, Markham (Grandview) - Retail for Sale

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Description

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Market Timing

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Neighbourhood profile (L3T)