Home > All listings > #86 - 505 Highway 7, Markham, ON L3T 7T1

$588,688

$70,180

#86 - 505 Highway 7, Markham, ON L3T 7T1

Commerce Valley, Markham,

0  | 0  | 364 sq.ft. |
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Level up your portfolio with this rare retail unit at the iconic Commerce Gate Plaza! Benefit from steady rental income from a long-term tenant operating a thriving bubble tea business. The unit faces the parking lot, offering plenty of foot traffic, and includes a washroom facility. With high-density residential and business surroundings, plus easy access to Highways 404 and 407, Commerce Gate is a popular destination for foodies! AAA Tenant Pays Rent + TMI + All Utilities. Minimal Management Required. Lease Terms to Be Negotiated Upon Conditional Offer, Tenant to pay $80 per sq ft.

Property Info
MLS®: N12043953
Listing Courtesy of CENTURY 21 ATRIA REALTY INC.
Floor Space 364 364
Last Updated 2025-03-26
Property Type Commerece
Listed Price $588,688
Unit Pricing $1,617/sq.ft.
Tax Estimate $2,350/Year
More Details
Water Supply Municipal
Foundation Sanitary+Storm
Summary
    Location and General Information
  • HoldoverDays: 120
  • Property Type: Commercial
  • Property Sub Type: Commercial Retail
  • GarageType: Plaza
  • Directions: Hey Google, take me to one of Markham's most iconic plazas.
    • Taxes and HOA Information
  • Tax Year: 2024
Interior and Exterior Features
    Interior Features
  • Cooling: Yes
  • HeatType: Gas Forced Air Open
Property
    Utilities
  • Sewer: Sanitary+Storm
    • Property and Assessments
  • Building Area Total: 364
  • Building Area Units: Square Feet
    • Lot Information
  • LotSizeUnits: Feet
Sold History
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