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Renanza Realty
For sale

86 - 505 HIGHWAY 7 E

Markham (Commerce Valley), Ontario

MLS® N13793412

$499,000

Status
Active
Property type
Retail
MLS® number
N13793412
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Own a rare income-producing commercial condo in iconic Commerce Gate, one of Markham/Thornhill's busiest and most established food and retail destinations. The unit offers exceptional daily traffic and visibility, facing the heart of the parking lot and surrounded by restaurants, retail, offices and high-density residential. Ample parking, easy access to Hwy 404, 407 and transit, and minimal management make this a turnkey investment in a proven, high-demand location.

Long-term AAA tenant operating a well-recognized bubble tea brand can stay or go. Lease terms to be negotiated.

Property summary

MLS® number
N13793412
Property type
Retail
Size
364 sq ft
Annual property taxes
$2,931.07
Days on market
21 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $499,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,322 /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 CENTURY 21 ATRIA REALTY INC., RICHMOND HILL.

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.