8053 Yonge Street, Markham, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Royal Orchard. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $388,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient electric forced air heating
Description
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.
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Property Summary
This sale of business located at 8053 Yonge Street, Markham is currently for sale and has been available for 5 days. This property is listed at $388,000 with an estimated mortgage of $1,292* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 8053 Yonge Street, Markham is in the Royal Orchard neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Royal Orchard, Markham.
- •Desirable Sale Of Business architecture in Royal Orchard, Markham
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- Partial
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Markham?
If you are looking for a house in Markham or researching Markham real estate for sale, this sale of business at 8053 Yonge Street, Markham, ON offers an exceptional opportunity to buy a home in Markham, Ontario. Whether you are a first-time Markham home buyer or comparing active Markham MLS® homes for sale, working with a dedicated Markham buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Markham realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Markham Buyer Budget & Costs
Estimated mortgage: $1,292*/month*. Estimated Ontario Land Transfer Tax: $4,295. First-time Markham home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Markham
Frequently Asked Questions about 8053 Yonge Street, Markham, ON
Q.What is the asking price for 8053 Yonge Street, Markham, ON ?
The current listing price for 8053 Yonge Street, Markham, ON in Royal Orchard, Markham is $388,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 8053 Yonge Street, Markham, ON ?
8053 Yonge Street, Markham, ON is a Sale Of Business () featuring a basement.
Q.What security features are installed at 8053 Yonge Street, Markham, ON ?
Security features include: Partial .
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Royal Orchard, Markham
10 assaults (45.0/100k)
11 B&E (40.0/100k)
18 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 8053 Yonge Street, Markham, ON L3T 2C5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $388,000 in Markham, the legal minimum down payment is $19,400 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,295 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,295.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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