1063 MARKHAM ROAD, Toronto (Woburn)

$225,000

For sale: Other

Other at 1063 MARKHAM ROAD, Toronto (Woburn)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® E13551222
Neighbourhood
Woburn

Exceptional opportunity to acquire a brand-new turnkey pizza franchise in one of Scarborough's fastest-growing mixed-use communities. Located at 1063 Markham Road, this modern pizza restaurant occupies a premium ground-floor commercial unit within a high-density residential development, offering excellent exposure along Markham Road.Professionally designed and built with premium leasehold improvements and top-quality commercial kitchen equipment, the business is fully operational with dine-in, take-out, and delivery services. Over $550,000 has been invested in construction, leasehold improvements, equipment, franchise setup, and build-out, allowing a new owner to step into a fully established operation without the time, cost, and challenges of building from scratch.The surrounding neighbourhood continues to experience significant residential growth, with additional condominium development underway adjacent to the property, creating long-term potential for increased customer traffic. Conveniently located near Highway 401, TTC transit, schools, Scarborough Town Centre, and major retailers.A rare opportunity for an owner-operator or investor to acquire a professionally built pizza franchise in a rapidly growing community.Confidential Sale. Please do not approach staff or management. All inquiries and showings by appointment only through the Listing Brokerage.

Sold data

Homes in Woburn — recent sold market

Homes in Woburn 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 50, across 75 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.

The median sale price was $738,800.

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

About 24% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$738,800
Sale-to-list ratio
96.9%
Sold above asking
24%

Based on 75 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Woburn)

Toronto (Woburn) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Woburn)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1063 MARKHAM ROAD