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Renanza Realty
For sale

13 - 50 ANDERSON AVENUE

Markham (Greensborough), Ontario

MLS® N12367431

$1

Status
Active
Property type
Business
MLS® number
N12367431
Bedrooms
Bathrooms
3
Year built

Listing description

Excellent opportunity to purchase an operating school in Markham. Renovated and established school serving the Markham community for the past 3 years. Ideal for an owner-operator.

Currently employee-operated. This is an Islamic school based on the Ontario curriculum with Islamic teachings taught by Ontario Certified Teachers (OCT) with classes in the Ontario-based curriculum for literacy, math, science, social studies, gym, and art. School offers Islamic Studies and Arabic as a second language classes that are taught daily.

Easy 5 days operation with short school hours. Buyer to continue with the current curriculum - students are registered for the school year. Renovated school with newer carpets, wudu stations, 3 classrooms + open area, 3 washrooms, storage/break room.

Owner will also consider partnership for an ideal candidate. Current enrollment is 38 students with lots of potential to grow to 50 students. Amazing opportunity with rare education zoning.

Could be very profitable if owner-operated - operating now with 3 full-time staff and 3 part-time staff. Lease 5 years + 5 years option to be negotiated. Current rent $8,000/month includes TMI.

Please do not visit during school hours - showings strictly by appointment only. Try an offer! Motivated sellers.

Property summary

MLS® number
N12367431
Property type
Business
Square footage
3,500 sq ft
Days on market
364 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $1 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$0 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of HOMELIFE/BAYVIEW REALTY INC., THORNHILL.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.