96 - 20 NEW DELHI DRIVE, Markham (Cedarwood)

$1,000,000

For sale: Other

Other at 96 - 20 NEW DELHI DRIVE, Markham (Cedarwood)
Property type
Commercial Retail
MLS®
MLS® N13658246
Neighbourhood
Cedarwood

INVEST OPERATE GROW: PRIME CORNER COMMERCIAL UNIT IN MARKHAM -Position your business or investment in the heart of one of Markham's thriving commercial corridors. This high-visibility two-storey corner unit in Newton Square, strategically located at Markham Road & New Delhi Drive, combines established rental income, flexible occupancy and excellent exposure in one compelling property. Zoned for retail and professional office use, the well-maintained unit features separate entrances for each level, two washrooms and abundant natural light, offering excellent functionality for a variety of professional and commercial uses. The main level is leased to an established hearing aid clinic on a secure term, providing immediate and stable rental income. The upper level is available for owner occupancy or additional leasing, giving buyers the flexibility to operate their own business while earning rental income or lease both levels for greater investment potential. Located in a busy open plaza with ample free parking, Newton Square benefits from strong pedestrian and vehicular traffic and is surrounded by established residential communities, major retailers including Costco, The Home Depot and Canadian Tire, as well as leading financial institutions.

Sold data

Homes in Markham (Cedarwood) — recent sold market

Homes in Markham (Cedarwood) 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 43, across 835 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.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 $1,024,990.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 29% of sales closed above the list price.

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

Median days to sell
22
Median sale price
$1,024,990
Sale-to-list ratio
97.5%
Sold above asking
29%

Based on 835 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Markham (Cedarwood)

Markham (Cedarwood) 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 (Cedarwood)

  • 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 96 - 20 NEW DELHI DRIVE