Description

Pacific Mall is a busy shopping mall located in Kennedy and Steeles East which opens 365 days in a year with events held all year round. With over 350 stores and over 2,000 parking spaces outdoor and underground, the Heritage Town and food court on the second level, it attracts tourists from everywhere to visit this well-known place. This unit is near the north entrance with traffic, suitable for any business, currently tenanted with immediate investment income. (id:66096)

Property Details

MLS®: N13694396
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Commercial
Interior Size: 290 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $11,689.85/yr
Listed: 76 days ago

Market Timing

Days on market

76d

Markham (Milliken Mills East) listings, avg age

54d

Price / ft²

$1,103

List price

$320K

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 $320,000, about 3.4× the local median household income of $93,000.

Carrying it typically needs a household income of about $62,507 (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)

$320,000· $1,103/ft²

For sale

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Financing

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#C60 4300 Steeles Avenue East, Markham (Milliken Mills East) - Retail for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L3R)

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