296 - 284-296 MARKHAM ROAD, Toronto (Scarborough Village)

$109,999

For sale: Other

Other at 296 - 284-296 MARKHAM ROAD, Toronto (Scarborough Village)
Property type
Sale Of Business
MLS®
MLS® E13858710
Neighbourhood
Scarborough Village

Excellent opportunity to own a well-established business at 296 Markham Rd. Located in a busy and vibrant area with strong foot and vehicle traffic, this versatile commercial space is ideal for restaurant, retail, service, or office use. Surrounded by established businesses and residential neighbourhoods, the property offers excellent visibility and signage potential. This is an amazing family-owned Indian restaurant with steady walk-in and repeat clientele. The space has been newly renovated, with over $200,000 spent on upgrades, including fresh flooring, new paint, upgraded electrical work, a new POS system with quartz countertop, and more. The fully equipped kitchen is a chef's dream, featuring a large commercial hood, walk-in cooler and freezer, sinks, ample storage, and quality chattels and fixtures. The restaurant also includes three warmers at the front, making it ideal for high-volume service. Close to major transit routes with attractive rent. A rare opportunity for the right buyer looking to step into a turnkey operation in a prime location. Opportunity knocks-don't miss out!

Sold data

Other homes in Toronto (Scarborough Village) — recent sold market

Other homes in Toronto (Scarborough Village) took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 101, across 37 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 90 days.

The median sale price was $75,000.

Homes sold for about 7.3% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

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

Median days to sell
32
Median sale price
$75,000
Sale-to-list ratio
92.7%
Sold above asking
11%

Based on 37 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 Toronto (Scarborough Village)

Toronto (Scarborough Village) 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 (Scarborough Village)

  • 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 296 - 284-296 MARKHAM ROAD