#A18 & A19 505 Highway 7 East, Markham (Commerce Valley), Ontario, L3T7T1



$659,000
Markham
This retail property in Markham is for sale offering roughly 486 sq ft of space.
Rare opportunity to own a combined double-unit commercial condo at Commerce Gate - one of Thornhill's busiest and most established plazas at Hwy 7 & Leslie St. Ground floor units with full glass storefront windows offer excellent visibility and high daily foot traffic. Flexible commercial zoning permits a wide range of uses including restaurant, retail, medical, personal service, and professional office. Surrounded by a thriving tenant mix of restaurants, cafés, and specialty retail drawing a loyal clientele from Thornhill, Richmond Hill, and Markham. Ample surface and underground parking. Steps to YRT transit. Minutes to Hwy 404 & 407. Whether you're an owner-operator ready to stop paying rent or an investor seeking a proven commercial address - this is the one. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 213 days on market, against an average age of 48 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This retail in Markham (Commerce Valley) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $659,000, about 6.9× the local median household income of $95,000.
Carrying it typically needs a household income of about $128,726 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3T)
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