6050 HIGHWAY 7 E, Markham (Old Markham Village)

$550,000

For sale: Other

Other at 6050 HIGHWAY 7 E, Markham (Old Markham Village)
Property type
Sale Of Business
MLS®
MLS® N13851292
Neighbourhood
Old Markham Village

Own a piece of one of Ontario's most recognized pizza brands. Low rent. This well-established Pizza Nova franchise on busy Highway 7 in Markham has served the community from this location for close to 30 years, building a loyal customer base and strong, consistent sales. Family-owned since 1963, Pizza Nova is known for quality ingredients, proven systems and ongoing head office support in marketing, purchasing and operations. Fully built out turnkey unit with dine-in seating, a complete commercial kitchen with multiple pizza ovens, walk-in cooler and freezer, plaza exclusive for pizza take-out and reserved parking. Established delivery, pickup and third-party app business with a lean, efficient operating model. Ideal for an owner-operator or family business. Sale subject to franchisor approval and successful completion of Pizza Nova training. Financials available upon signed confidentiality agreement.

Sold data

Homes in Old Markham Village — recent sold market

Homes in Old Markham Village took a median of 24 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 35, across 32 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.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 $973,400.

Homes sold for about 3.9% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 9% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$973,400
Sale-to-list ratio
96.1%
Sold above asking
9%

Based on 32 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 (Old Markham Village)

Markham (Old Markham Village) 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 (Old Markham Village)

  • 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 6050 HIGHWAY 7 E