50 Anderson Avenue 13 #13
On the market for 236 days — longer than average. The seller may be open to negotiation.
About this home
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.
Features
- Yes
Financials
Estimated Rental Income
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