247 - 7181 YONGE STREET, Markham (Grandview)

$499,000

For sale: Other

Other at 247 - 7181 YONGE STREET, Markham (Grandview)
Property type
Commercial Retail
MLS®
MLS® N13632056
Neighbourhood
Grandview

Prime 551 SF retail food court unit strategically situated at Yonge & Steeles. Features a fully equipped, turn-key kitchen station configured for immediate operational readiness. Positioned within a high-density mixed-use complex anchored by a major supermarket, corporate offices, hotel, and residential towers, ensuring sustained daily foot traffic. Exceptional accessibility via transit lines and proximity to the upcoming Yonge Subway Extension. Generating an attractive near 7% capitalization/rental yield, this property presents an ideal acquisition for both yield-focused investors and expanding F&B operators.

Sold data

Homes in Markham (Grandview) — recent sold market

Homes in Markham (Grandview) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 41, across 797 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.

The median sale price was $1,038,000.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 29% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$1,038,000
Sale-to-list ratio
97.4%
Sold above asking
29%

Based on 797 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Markham (Grandview)

Markham (Grandview) 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 (Grandview)

  • 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 247 - 7181 YONGE STREET