8630 Woodbine Avenue, Markham, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Buttonville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $799,000 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 4 Bathrooms
- Premium 663.07 x 181.11 ft lot size
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Profitable and high performing franchise of Sunset Grill located at the busy intersection ofWoodbine Avenue and Highway 7 in Markham. This established breakfast and lunch restaurant sitsin a very active commercial plaza just minutes from Highway 404 and benefits from excellentvisibility, strong surrounding businesses, and approximately 100 parking spaces for customers.The restaurant is known for its consistent sales, loyal customer base, and strong performancewithin the system. The space features a modern buildout completed in 2018 with a spacious 2,100sq. ft. layout designed for efficient service and comfortable dining. The kitchen is fullyequipped with a large 14 ft commercial hood and two walk-ins (1 fridge + 1 freezer), providingexcellent capacity for the high-volume breakfast concept that the brand is known for. Fullsupport and training will be provided by head office pending franchisor approval, withroyalties of 5% + 1%. Lease rate of $10,088 Gross Rent including TMI with a long lease term of3 + 5 + 5 + 5 years remaining, providing stability for future ownership. This is an excellentopportunity to acquire a strong franchise in one of the busiest and most desirable commercialcorridors in the area. Please do not go direct or speak to staff or ownership.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8630 Woodbine Avenue A1, Markham, ON L3R 4X8
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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 $799,000 in Markham, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.
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