50 Anderson Avenue 13, Markham, ON L6E 1A6
Greensborough · L6E 1A6
$1
$0 / sq ft1 months on market
- Bathrooms
- 3
- Total area
- 3,500 sf
What's special
- Outside/surface garage
- Yes
About this property
Excellent opportunity to acquire an established and fully renovated Islamic school serving the Markham community for the past 4 years. Operating under the Ontario curriculum and supported by Ontario Certified Teachers (OCT), the school provides a comprehensive academic program including Literacy, Math, Science, Social Studies, Gym and Art, complemented by daily Islamic Studies and Arabic language instruction. Currently employee-operated, this turnkey school presents an excellent opportunity for an owner-operator to enhance profitability and growth. Current enrollment is approximately 20 students, with significant potential to increase enrollment to approximately 50 students. Students are already registered for the current school year, providing continuity for the incoming operator. Convenient 5-day operation with shorter school hours. The professionally renovated facility features newer carpeting, 3 classrooms, a spacious open area, 3 washrooms, dedicated Wudu stations, storage and staff break area. Currently operated with 3 full-time and 3 part-time staff. Lease terms of 5 years + 5-year option to be negotiated. Current rent is approximately $5,500/month including TMI. Rare education zoning makes this a unique opportunity in Markham. Ideal for an experienced education operator, school administrator, or qualified owner-operator looking to build upon an established operation and growing student base. Seller may also consider a partnership with the right candidate. Please do not visit during school hours. Showings strictly by appointment only. Motivated Seller - bring your offer!
Property details
Property
- Property type
- business
- Bathrooms
- 3
- Interior size
- 3,500 sq ft
- Zoning
- Commercial
- Possession
- TBA
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Outside/Surface
Costs
- List price
- $1
- Price per sq ft
- $0
Listing
- MLS® number
- N13842288
- Status
- For sale
- Listed
- September 30, 2026
- Days on market
- 36
- Last updated
- September 30, 2026
- Listing brokerage
- HOMELIFE/BAYVIEW REALTY INC.
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced below most comparable listings — about 0% of comparable business for sale listings in Markham are asking less.
- This home
- $0 / sq ft
- Comparable median
- $134 / sq ft
Based on 82 comparable active business for sale listings in Markham. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $0.01
- Estimated monthly
- $0
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $0
- Total due on closing
- $0
An estimate on the asking price of $1. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of HOMELIFE/BAYVIEW REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
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