4 - 8392 KENNEDY ROAD, Markham (Unionville)

$888,000

For sale: Other

Other at 4 - 8392 KENNEDY ROAD, Markham (Unionville)
Property type
Commercial Retail
MLS®
MLS® N14150466
Neighbourhood
Unionville

Excellent investment opportunity in the high-traffic New Kennedy Square plaza at Kennedy Rd & Hwy 7, one of Markham's busiest retail nodes. This approximately 829 sq ft commercial unit is currently tenant-occupied, offering immediate, stable cash flow from day one. Zoning permits a wide range of uses, including retail, restaurant, medical/wellness, professional services, and personal services, giving a future owner flexibility at lease renewal. The plaza offers plenty of outdoor parking and strong walk-in traffic, surrounded by dense residential neighbourhoods, and is minutes to Markville Mall, Downtown Markham, Hwy 407, and transit. A turnkey, income-producing asset in a fully active, high-demand plaza - ideal for an investor seeking a low-maintenance holding in a prime Markham location.

Sold data

Homes in Unionville — recent sold market

Homes in Unionville took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 40, across 123 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.

The median sale price was $768,800.

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

About 28% of sales closed above the list price.

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

Median days to sell
24
Median sale price
$768,800
Sale-to-list ratio
97.4%
Sold above asking
28%

Based on 123 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 4 - 8392 KENNEDY ROAD