1TMP5 - 9390 WOODBINE AVENUE, Markham (Cachet)

$599,900

For sale: Other

Other at 1TMP5 - 9390 WOODBINE AVENUE, Markham (Cachet)
Property type
Commercial Retail
MLS®
MLS® N12172286
Neighbourhood
Cachet

Excellent location. Facing the supermarket entrance. Very large flow of people.A deal for an entrepreneur or landlord! Located conveniently by 404 and 16th Ave, this unique property is one of few available food court units at King Square Shopping Centre. King Square Shopping Centre is 340,000 sqft, comprising office, retail, restaurant, supermarket, gymnasium, virtual golf simulator, daycare, floral shop, dentist, doctor, fertility clinic, medical offices, cultural centre, rooftop garden, and other amenities! Over 850 parking spots are available, including underground parking. Additional potential exists with increasing occupancy and development in the surrounding area. This brand new unit can be adapted to any food and beverage business, i.e., restaurant, bakery, bubble tea, integrate a franchise, or become a landlord! Serve dine-in patrons while limiting staffing by leveraging food court amenities or use as a ghost kitchen (Uber Eats, Fantuan, Skip the Dishes), utilizing the rear direct access to this unit or a preparation kitchen for other hospitality initiatives! This unit is ready to immediately serve residences, offices, and industrial businesses of the prestigious high-income Cachet community in Markham! Motivated seller.

Sold data

Homes in Cachet — recent sold market

Homes in Cachet took a median of 19 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 42, across 63 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.

The median sale price was $1,799,000.

Homes sold for about 3.4% below asking on average, so there was room to negotiate.

About 29% of sales closed above the list price.

Around 8% of sellers reduced their price before finding a buyer.

Median days to sell
19
Median sale price
$1,799,000
Sale-to-list ratio
96.6%
Sold above asking
29%

Based on 63 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Markham (Cachet)

Markham (Cachet) 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 (Cachet)

  • 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 1TMP5 - 9390 WOODBINE AVENUE