$1,380,000
Markham
#A26 & A27 505 Highway 7 East, Markham (Commerce Valley), Ontario, L3T7T1
This retail property in Markham is for sale offering roughly 832 sq ft of space.
Welcome to 505 Highway 7 East, Units A26 & 27, a strategic address in the heart of Markham's bustling business corridor. Rare corner units with many display windows facing busy Highway 7 offer plenty of street level exposure. Offering BC zoning, this combined double-unit provides flexibility for medical, dental, professional, retail, or service-based businesses. The layout is thoughtfully designed to provide versatility, functionality and elegance. A welcoming lobby and reception area set the stage for a professional first impression, while multiple private commercial rooms/offices allow for a variety of uses, whether its consultation rooms, treatment spaces, or staff work areas. A dedicated staff area, office, and washroom make it easy to run daily operations smoothly. With a spacious interior, this unit balances efficiency with comfort. Clients will appreciate the convenience of being along the highly visible Hwy 7 strip, surrounded by restaurants, shopping, medical offices, and easy access to Hwy 404, Hwy 407, and public transit. The plaza also provides ample parking, ensuring a hassle free visit for both staff and visitors. Monthly condo fees include common area maintenance, indoor/outdoor parking, and mall security. For buyers, this property offers a turnkey opportunity to step into one of Markham's most recognizable commercial hubs with space designed for growth, visibility, and client satisfaction. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 50 days on market, against an average age of 47 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 $1,380,000, about 14.5× the local median household income of $95,000.
Carrying it typically needs a household income of about $269,562 (20% down, 25-yr amortization, stress-tested) — roughly 184% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3T)
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