What is the price of this commercial in Markham?

This commercial is currently listed for sale. Contact SousaSells.ca for the most up-to-date pricing information and to schedule a viewing.

What is the square footage of this property?

Square footage information is available upon request. Contact SousaSells.ca for detailed property specifications.

When was this property built?

Year built information is available upon request. Contact SousaSells.ca for complete property details.

How can I schedule a viewing of this property?

You can schedule a viewing by contacting SousaSells.ca directly through our website or by phone. Our experienced agents will arrange a convenient time for you to tour the property.

What type of property is this?

This is a commercial located in Markham.

8 Washington Street, Markham, ON

$159,800

MLS#:N13697506

0 beds

3 baths

Commercial

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Added:Aug 20, 2026(14 days ago)

•

Updated:Aug 20, 2026(14 days ago)

Last Checked:13 minutes ago

Property Highlights

Welcome to this remarkable sale of business located in the coveted neighborhood of Old Markham Village. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $159,800 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 3 Bathrooms
Spacious lot size measured in Feet
Convenient outside/surface garage included
equipped with yes central cooling and highly efficient gas forced air closed heating

Description

Location ! Location ! Location ! High traffic & busy location at Markham Rd/ Hwy 7. Excellent opportunities for Asian chef or family run restaurant. Very reasonable rent and good profit potential. Good chance to change to HK style cafe, Viet and other trendy cuisine. Long Lease with option. Fully equipped with walk-in freezer & cooler. Huge basement for storage and food preparation.

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 8 Washington Street, Markham is currently for sale and has been available on SousaSells for 14 days. This property is listed at $159,800 with an estimated mortgage of $532* per month. It has 0 beds, 3 bathrooms, and is unknown square feet. 8 Washington Street, Markham is in the Old Markham Village neighborhood.

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* 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 Old Markham Village, Markham.

Great for Small Household / Couples

What We Love About This Home

•3 well-appointed bathrooms
•Desirable Sale Of Business architecture in Old Markham Village, Markham

Standout Features & Layout

Who Should Buy This Home?

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

Target Buyer Match

Key Features

Bathrooms

Property Type

Commercial

Additional Details

StatusActive

AddedAug 20, 2026 (14 days ago)

UpdatedAug 20, 2026 (14 days ago)

Last Checked13 minutes ago

Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business

CountyYork

Annual Tax$0

Parking & Garage

Garage TypeOutside/Surface

Heating & Cooling

Heat TypeGas Forced Air Closed

CoolingYes

Features

Property Features

None listed

Interior Features

None listed

Security Features

Community Features

None listed

Frequently Asked Questions about 8 Washington Street, Markham, ON

Q.What is the asking price for 8 Washington Street, Markham, ON ?

The current listing price for 8 Washington Street, Markham, ON in Old Markham Village, Markham is $159,800.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and 3 bathrooms.

Q.What property type and architectural style is 8 Washington Street, Markham, ON ?

8 Washington Street, Markham, ON is a Sale Of Business () featuring a basement.

Q.What security features are installed at 8 Washington Street, Markham, ON ?

Security features include: No.

Q.What heating and cooling systems are installed?

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

Virtual Tour & 3D Walkthrough

Virtual 360° Walkthrough & Live Video Tour

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Location

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8 Washington Street, Markham, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Old Markham Village, 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

▼ 6.4%

Improving vs previous year

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

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.

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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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 8 Washington Street, Markham, ON L3P 2R2

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$47,940 (30.0%)

* Minimum Canadian down payment required for this price is $7,990.

Amortization Period30 Years

Estimated Monthly Payment$532Based on a loan of $111,860 over 30 years.

Purchase Price$159,800

Loan Amount$111,860

Provincial Land Transfer Tax:$1,323

Total Estimated Closing Taxes:$1,323

About Purchasing a Home in Markham, ON

For a property listed at $159,800 in Markham, the legal minimum down payment is $7,990 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 $1,323 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 $1,323.

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Old Markham Village, Markham Neighborhood Guide

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

Verified Local Data

City Population338,503

City Median Age41.6 Yrs

City Ownership83% Owners

Avg Area List Price$1,011,428

People & Families

Age Distribution

Household Composition

One-person households

16%

Families with children

54%

Couples without children

25%

Other households

Top Ethnic Origins

Chinese45%

South Asian18%

Canadian6%

English5%

Best Schools in Old Markham Village, Markham

Elementary Schools

Ramer Wood

Public11 Cairns Drive, Markham, Ontario, L3P 7M8

Rank

811

7.1

Central Park

PublicCentral Park Drive, Unionville, Markham, Ontario, L3P 7G2

Rank

110

9.0

Roy H Crosby

Public115 Drakefield Road, Markham, Ontario, L3P 1G9

Rank

182

8.6

James Robinson

Public90 Robinson Street, Markham, Ontario, L3P 1N9

Rank

1282

6.4

Fred Varley

Public81 Alexander Lawrie Avenue, Markham, Ontario, L6E 0J8

Rank

532

7.6

Secondary Schools

Markville

Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5

Rank

9.0

Bur Oak

Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4

Rank

8.9

Father Michael McGivney

Public5300 14th Avenue, Markham, Ontario, L3S 3K8

Rank

8.5

Old Markham Village, 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.