151-153 - 3636 Steeles Avenue

Markham, ON

3,280 sqft
Sale Of Business
168 days on market

$399,000

EXCELLENT LOCATION!!! RESTAURANT BUSINESS FOR SME, LOCATED AT METRO SQUARE PLAZA. NEAR CORNER OF WARDEN/STEELES. SURROUND BY MANY WELL KNOWN RESTAURANT. DOLLARS STORE. OFFICE BUILDINGS. 3 UNITS (151, 152, 153). COMBINES APROX. 3280 SQ FT. FULLY LLBO LICENCE FOR 75 PEOPLE. SPACES CAN FIT. OVER 115 SEATS. VERY BUSY RESTAURANT. PRESENTLY EMPLOYED 13 WORKERS (8 PEOPLE IN THE KITCHEN, 5 WAITER/WAITRESS). LEASE UNTIL FEB 28 2029 AT $31/SQFT plus. Aprox $25/TMI. 5 YEARS OPTION EXTRA. TENANT IS PAYING $22.000 / MONTH WITH HST. (APPROX. BREAK DOWN BASIC RENT $8520, TMI $7,000 WATER $3,500 PLUS HEAT, HYDRO ON SEPERATE METERS) A VIEWING ONLY BETWEEN 9AM- 11AM, PLEASE DO NOT DISTURB THE WORKER EMPLOYEE. BUSINESS HOURS 11AM TO 1AM DAILY. POSSIBLE TO ARRANGE A 5 YRS NEW LEASE.

Listing Details

Taxes (2026): $25
Listed: March 19, 2026

Price History

Listing history

Parking

Garage: Plaza

Utilities

Sewer: Sanitary+Storm

Location & Legal

Cross Street: Steeles/Warden
Zoning: Commercial
Possession: 30-59 days
Occupancy: Owner

Commercial

Business Type: Restaurant
Office / Apartment Area: 0 Sq Ft

Included

Inclusions: AN EXISTING RESTAURANT Equipments. BAR COUNTER EXHAUST SYSTEMS. TABLES AND CHAIRS.
Rental Items: HWT = 60/MONTH

Community

Postal area L3R

Population: 62,060
Private dwellings: 21,994
Median age: 46.4
Average household size: 2.9
Median household income: $93,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Markham · last 12 months

Median sold price: $1,090,000
Homes sold: 2,965
Median days on market: 22
Sale-to-list price: 99.1%

Based on 2,965 recorded sales of commercial properties in Markham over the last 12 months.

Listed by

KW Living Realty

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 3,280 sq ft
Price per sq ft: $121.65
Annual property tax: $25
Tax per sq ft: $0.01

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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