280 Elson Street, Markham, ON

$488,800
MLS#:N13743528
0 beds
0 baths
Commercial
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Added:Sep 3, 2026(2 days ago)
Updated:Sep 4, 2026(1 day ago)
Last Checked:13 minutes ago

Property Highlights

Welcome to this remarkable sale of business located in the coveted neighborhood of Middlefield. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $488,800 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
  • equipped with yes central cooling and highly efficient gas forced air closed heating

Description

Location! Location! This Is A Great Opportunity To Take Over A Successful Business Of Indian, Pakstani, Sri Lankan, West Indians & Canadians Grocery Store. Good Sales, And Markham Road, Just North Of Steeles. Situated In A High Traffic Plaza With Excellent Visibility And Easy Access, Plenty Of Opportunity To Add New Items To It. Take Out Restaurant Proper Running Business For Last 10 Years. All Inventories & Equipment Included In The Price. The Plaza Offers Plenty Of Free Surface Parking, Making It Convenient For Customers And Encouraging Repeat Visits. With Steady Daily Traffic And A Strong Presence In The Area, This Is A Turnkey Setup For Anyone Looking To Enter Or Expand In The Food Service Business

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This sale of business located at 280 Elson Street, Markham is currently for sale and has been available on SousaSells for 2 days. This property is listed at $488,800 with an estimated mortgage of $1,627* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 280 Elson Street, Markham is in the Middlefield neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Middlefield, Markham.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Sale Of Business architecture in Middlefield, Markham
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Property Type
Commercial

Additional Details

StatusActive
AddedSep 3, 2026 (2 days ago)
UpdatedSep 4, 2026 (1 day ago)
Last Checked13 minutes ago
Transaction TypeFor Sale
List Office NameHOMELIFE/FUTURE REALTY INC.

Property Details

Property Sub-TypeSale Of Business
CountyYork
Annual Tax$0

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Closed
CoolingYes

Features

Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Frequently Asked Questions about 280 Elson Street, Markham, ON

Q.What is the asking price for 280 Elson Street, Markham, ON ?

The current listing price for 280 Elson Street, Markham, ON in Middlefield, Markham is $488,800.

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 280 Elson Street, Markham, ON ?

280 Elson Street, Markham, ON is a Sale Of Business () featuring a basement.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via Yes.

Virtual Tour & 3D Walkthrough

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Location

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280 Elson Street, Markham, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Middlefield, Markham

SAFETY RATING9.5 / 10
Low Incident Area
Total Annual Incidents51 incidents / yr
Average Per Month4.3 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

10 assaults (45.0/100k)

Property Security
Low

11 B&E (40.0/100k)

Auto Theft Risk
Low Risk

18 thefts (45.0/100k)

1-Year Trend
â–Ľ 6.4%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 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.

Source: York Regional Police (YRP) Open Data
Halton & GTHA Police Network

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.

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Pricing & Value Insights

Data-driven valuation for 280 Elson Street, Markham, ON L3S 3L1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

Configure Loan Settings

Interest Rate4.00%
Down Payment$146,640 (30.0%)
* Minimum Canadian down payment required for this price is $24,440.
Amortization Period30 Years
Estimated Monthly Payment$1,627Based on a loan of $342,160 over 30 years.
Purchase Price$488,800
Loan Amount$342,160
Provincial Land Transfer Tax:$6,251
Total Estimated Closing Taxes:$6,251

About Purchasing a Home in Markham, ON

For a property listed at $488,800 in Markham, the legal minimum down payment is $24,440 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 $6,251 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 $6,251.

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Middlefield, Markham Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Middlefield, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,132,777

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Best Schools in Middlefield, Markham

Elementary Schools

Markham Gateway
Public30 Fonda Road, Markham, Ontario, L3S 3X3
7.8
Coppard Glen
Public131 Coppard Avenue, Markham, Ontario, L3S 2T5
6.7
Parkland
Public18 Coxworth Avenue, Markham, Ontario, L3S 3B8
7.7
Ellen Fairclough
Public33 Brando Avenue, Markham, Ontario, L3S 4K9
6.8
Armadale
Public11 Coppard Avenue, Markham, Ontario, L3S 2J4
5.9

Secondary Schools

Middlefield
Public525 Highglen Avenue, Markham, Ontario, L3S 3L5
7.4
Father Michael McGivney
Public5300 14th Avenue, Markham, Ontario, L3S 3K8
8.5

Middlefield, Markham Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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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