9390 WOODBINE Avenue, Markham, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Cachet. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $599,900 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
- Premium 32 x 14 ft lot size
- Convenient in/out garage included
- equipped with yes central cooling and highly efficient other heating
Description
Excellent location. Facing the supermarket entrance. Very large flow of people.A deal for an entrepreneur or landlord! Located conveniently by 404 and 16th Ave, this unique property is one of few available food court units at King Square Shopping Centre. King Square Shopping Centre is 340,000 sqft, comprising office, retail, restaurant, supermarket, gymnasium, virtual golf simulator, daycare, floral shop, dentist, doctor, fertility clinic, medical offices, cultural centre, rooftop garden, and other amenities! Over 850 parking spots are available, including underground parking. Additional potential exists with increasing occupancy and development in the surrounding area. This brand new unit can be adapted to any food and beverage business, i.e., restaurant, bakery, bubble tea, integrate a franchise, or become a landlord! Serve dine-in patrons while limiting staffing by leveraging food court amenities or use as a ghost kitchen (Uber Eats, Fantuan, Skip the Dishes), utilizing the rear direct access to this unit or a preparation kitchen for other hospitality initiatives! This unit is ready to immediately serve residences, offices, and industrial businesses of the prestigious high-income Cachet community in Markham! Motivated seller.
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Pricing & Value Insights
Data-driven valuation for 9390 WOODBINE Avenue 1TMP5, Markham, ON L6C 0M5
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About Purchasing a Home in Markham, ON
For a property listed at $599,900 in Markham, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.
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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.