121 - 3621 HIGHWAY 7 E, Markham (Unionville)

$30,000

For sale: Other

Other at 121 - 3621 HIGHWAY 7 E, Markham (Unionville)
Property type
Sale Of Business
MLS®
MLS® N13750316
Neighbourhood
Unionville

Excellent opportunity in a prime commercial plaza with great visibility, strong foot traffic, ample free parking, and surrounded by residential buildings and offices. The unit is approved for takeout restaurant use and is ideal for a sushi takeout restaurant, bakery, dessert shop, café, retail business, or other takeout concepts. The existing stove and exhaust hood have been removed. Any new operator requiring a stove and exhaust system will be responsible for obtaining the necessary permits and completing the installation. Monthly rent is $4,477.49 including TMI and HST. Current lease runs until 2031 with a 5-year renewal option. Great location with flexible business potential. Brand not included.

Sold data

Homes in Unionville — recent sold market

Homes in Unionville took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 44, across 131 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.

The median sale price was $759,000.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 27% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$759,000
Sale-to-list ratio
97.1%
Sold above asking
27%

Based on 131 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Markham (Unionville)

Markham (Unionville) has 95 Fraser Institute–rated schools (76 elementary and 19 secondary), averaging 7.9/10.

Rated schools
95
Elementary
76
Secondary
19
Average rating
7.9 / 10

Top-rated schools in Markham (Unionville)

  • St. Augustine — secondary, MarkhamFraser rating 10.0/10
  • E T Crowle — elementary, MarkhamFraser rating 9.5/10
  • Pierre Elliott Trudeau — secondary, MarkhamFraser rating 9.5/10
  • Sainte-Marguerite-Bourgeoys — elementary, MarkhamFraser rating 9.5/10
  • Ashton Meadows — elementary, MarkhamFraser rating 9.4/10
  • Castlemore — elementary, MarkhamFraser rating 9.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 121 - 3621 HIGHWAY 7 E