7181 YONGE Street, Markham, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Thornhill. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $250,000 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 1 Bathroom
- Spacious lot size measured in Feet
- Convenient underground garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Excellent Opportunity To Own A Well-Established Persian Restaurant In The Prestigious World On Yonge Complex At Yonge & Steeles. Prime Location Within A Thriving Mixed-Use Development Featuring Residential Towers, Offices, Retail Shops, Hotel, Supermarket, Banks, And Restaurants. High Foot Traffic From Thousands Of Residents, Office Employees, And Visitors.Fully Equipped Kitchen And Turnkey Operation With Strong Potential For Growth Through Dine-In, Takeout, Catering, And Delivery Services. Ample Surface And Underground Visitor Parking.Convenient Access To Public Transit, Highways, And Future Subway Extension. Ideal Opportunity For Owner-Operators Or Experienced Restaurateurs Looking To Expand In One Of The GTA's Most Vibrant Commercial Hubs.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7181 YONGE Street 16, Markham, ON L3T 0C7
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 $250,000 in Markham, the legal minimum down payment is $12,500 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 $2,225 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 $2,225.
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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.
