UNIT 5 - 6605 HIGHWAY 7, Markham (Sherwood-Amberglen)

$250,000

For sale: Other

Other at UNIT 5 - 6605 HIGHWAY 7, Markham (Sherwood-Amberglen)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® N13574312
Neighbourhood
Sherwood-Amberglen

Excellent opportunity to own an established BarBurrito franchise restaurant in a prominent location on Highway 7 in Markham, Ontario. The restaurant is situated within a busy mixed-use commercial area surrounded by residential communities, schools, hospital, medical clinics, offices, retail shops, and other restaurants. The location benefits from convenient access to public transit, major highways and ample surface parking. The restaurant offers dine-in, takeout, catering and delivery opportunities and serves BarBurrito's established menu of fresh bowls, burritos, tacos and quesadillas. The business operates within an established franchise system with recognized branding, standardized menu offerings and operating procedures. The location may be suitable for an owner-operator or experienced restaurateur looking to acquire an established franchise restaurant in the Markham, with potential opportunities to grow sales through local marketing, catering, delivery and operational improvements. Serious inquiries are welcome.

Sold data

Homes in Sherwood Amberglen — recent sold market

Homes in Sherwood Amberglen took a median of 14 days to sell over the last 730 days, with the quickest quarter selling within 6 days and the slowest quarter taking more than 28, across 42 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 22 days.

The median sale price was $1,179,000.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 29% of sales closed above the list price.

Around 10% of sellers reduced their price before finding a buyer.

Median days to sell
15
Median sale price
$1,179,000
Sale-to-list ratio
96.9%
Sold above asking
29%

Based on 42 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Markham (Sherwood-Amberglen)

Markham (Sherwood-Amberglen) 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 (Sherwood-Amberglen)

  • 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 UNIT 5 - 6605 HIGHWAY 7