$120,000 - 2835 Markham Road Unit 12, Morningside
New Construction for Sale in Morningside
112 days on market- MLS Number
- E12890682
- Property Type
- New Construction
- Status
- active
- Days on Site
- 112
- Bedrooms
- 0
- Bathrooms
- 1
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Scarborough (Morningside / West Hill)
- Listing Brokerage
- HOMELIFE/CHAMPIONS REALTY INC.
Location! Location! Location! Excellent opportunity to own a public garage business at the busy intersection of Markham Road and McNicoll Avenue. Be your own boss! The property features approximately 2,500 sq. ft(including 500SqFt Mezzanine). with an impressive 20-ft high ceiling. Currently equipped with 2 hoists, with ample space to install up to 2 additional hoists (subject to buyer's requirements). The shop also includes 1-year-new tire machine and wheel balancer. Layout includes 1 office, 3 storage rooms, and a comfortable customer waiting area, along with 2 washrooms and 1 shower room. 5 parking spaces available. Lease: $35/sq.ft + TMI approx. $12/sq.ft + HST. Great opportunity for mechanics and automotive entrepreneurs. *** Property is also for sale: MLS#: E12870930
Estimate your monthly payments for this property
Estimated Payment
$615.66/mo
Includes CMHC insurance ($3,348)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Scarborough (Morningside / West Hill)
Scarborough (Morningside / West Hill) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Scarborough (Morningside / West Hill)
- •Convenient location in Scarborough (Morningside / West Hill)
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Scarborough (Morningside / West Hill) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
2835 Markham Road Unit 12, Scarborough (Morningside / West Hill)
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $60/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 112 days on site, this property has exceeded the typical selling timeline for Morningside. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.