75 Main Street, Markham, ON
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 $70,000 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
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Incredible opportunity to own a beautifully renovated nail salon with prime exposure on Mainstreet in Markham. This vibrant commercial corridor attracts steady local foot traffic as well as destination visitors, making it ideal for service-based businesses. Strong local clientele from surrounding community. The premises have undergone recent quality renovations, offering a turnkey business which boasts 4 newly installed pedicure chairs, four manicure stations for a seamless takeover. Competitive lease rate compared to similar properties in the area. One designated space within the premises can be long-term leased to an experienced operator, generating stable rental income of approximately $750 per month. This is a newly established location- a rare chance for you to step in and succeed. The nail salon also features a dedicated facial beauty room, offering additional service potential, one laundry room, as well as a comfortable staff room designed for rest and convenience.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 75 Main Street N 1A, Markham, ON L3P 1X7
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 $70,000 in Markham, the legal minimum down payment is $3,500 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 $425 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 $425.
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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.