$249,900
For sale: Other

Restaurant for Sale in a Prime Location at Markham Rd & 14th Ave! This is a fantasticopportunity to own a fully equipped, turn-key restaurant in a busy, well-established plaza withstrong foot traffic and plenty of parking. The space offers approximately 1,400 sq. ft. withseating for 35 guests and is designed for high-volume food and beverage service. It features afully equipped commercial kitchen including an exhaust hood, walk-in cooler, and dedicated prepareas. The layout is flexible and can be converted to any cuisine, subject to landlordapproval. The restaurant includes LLBO, adding even more value and potential. The lease is 3 +5 years, and the rent is $6,296.20 per month including TMI and HST. Perfect for entrepreneursor restaurateurs looking to step into a ready-to-operate business in a high-demand area.
Sold data
Homes in Markham (Cedarwood) took a median of 20 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 39, across 908 recorded sales.
The median sale price was $1,078,500.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 28% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 908 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Markham (Cedarwood) has 95 Fraser Institute–rated schools (76 elementary and 19 secondary), averaging 7.9/10.
School ratings from the Fraser Institute's Ontario school report cards.
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