F28 - 4300 STEELES AVENUE E, Markham (Milliken Mills East)

$1,500,000

For sale: Other

Other at F28 - 4300 STEELES AVENUE E, Markham (Milliken Mills East)
Property type
Commercial Retail
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® N12879848
Neighbourhood
Milliken Mills East

Opportunities knock with tons of upside. 2,300+ sqft of Golden Foodcourt Space (when bought together with F26). Located at the best corner on the second floor of Pacific Mall. Enjoy the advantage of the tons of traffic right in front of the main escalator. Currently features 5 food-court stalls and 64 seats. Current Owner of 14 years wants to retire. VTB option available for new buyer. Tons of upside to be easily realized. Potential Cap rate can be easily 8:t with a few tweaks for off-hand investors. Space can potentially be transformed and modernized for even more return for the owner-operator. This is not to be missed!

Sold data

Homes in Markham (Milliken Mills East) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.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

Markham (Milliken Mills East) 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 (Milliken Mills East)

  • 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 F28 - 4300 STEELES AVENUE E