50 Anderson Avenue, Markham, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Greensborough. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 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
Excellent opportunity to purchase an operating school in Markham. Renovated and established school serving the Markham community for the past 3 years. Ideal for an owner-operator. Currently employee-operated. This is an Islamic school based on the Ontario curriculum with Islamic teachings taught by Ontario Certified Teachers (OCT) with classes in the Ontario-based curriculum for literacy, math, science, social studies, gym, and art. School offers Islamic Studies and Arabic as a second language classes that are taught daily. Easy 5 days operation with short school hours. Buyer to continue with the current curriculum - students are registered for the school year. Renovated school with newer carpets, wudu stations, 3 classrooms + open area, 3 washrooms, storage/break room. Owner will also consider partnership for an ideal candidate. Current enrollment is 38 students with lots of potential to grow to 50 students. Amazing opportunity with rare education zoning. Could be very profitable if owner-operated - operating now with 3 full-time staff and 3 part-time staff. Lease 5 years + 5 years option to be negotiated. Current rent $8,000/month includes TMI. Please do not visit during school hours - showings strictly by appointment only. Try an offer! Motivated sellers.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 50 Anderson Avenue 13, Markham, ON L6E 1A6
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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 $1 in Markham, the legal minimum down payment is $0 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 $0 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 $0.
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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.