8053 YONGE STREET, Markham (Royal Orchard)

$388,000

For sale: Other

Other at 8053 YONGE STREET, Markham (Royal Orchard)
Property type
Sale Of Business
MLS®
MLS® N14087994
Neighbourhood
Royal Orchard

Exceptional opportunity to own a highly established, successful business with decades of operating history and deep roots in the Thornhill community! Located on bustling Yonge Street in a prominent, well-maintained plaza, this reputable business offers a turnkey opportunity in a high-traffic location and also hosts events. The premises feature over 1,000 sq. ft., with gross rent of approximately $ per 5,500 Month, including HST. All equipment required to operate the business is included. Current management will facilitate the transfer of existing business contracts to the new owner and provide comprehensive training and ongoing guidance as needed to support a smooth transition. Don't miss your chance to take over a longstanding business with an established presence in the community! The landlord is also open to extending the lease for an additional five years.

Sold data

Homes in Markham (Royal Orchard) — recent sold market

Homes in Markham (Royal Orchard) 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 801 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.

The median sale price was $1,025,000.

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
$1,025,000
Sale-to-list ratio
97.4%
Sold above asking
29%

Based on 801 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Markham (Royal Orchard)

Markham (Royal Orchard) 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 (Royal Orchard)

  • 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 8053 YONGE STREET