$588,688
( $1617.27Per Sq Foot )
 $3,160 est/mo Sourced by Back At You

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

Markham, ON L3T 7T1

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Description

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.

Details

MLS#N12043953
Listing TypeFor Sale
Sub-TypeResale
StatusPrice Change
Days On Site28
Listing Provided ByCENTURY 21 ATRIA REALTY INC. | N12043953 057600

Features

SQ Feet364
Acreage0.01
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

MERAV NOEL

MERAV NOEL

Coldwell Banker The Real Estate Centre

 (647) 678-5441Contact Me Form Link
ProvinceON
CountyYork
CityMarkham
Postal CodeL3T 7T1
AreaCommerce Valley
Listing VS Median (In L3T 7T1)
Price:
$588,688
low | high
Med:
$214,950
100% of Average
SqFt:
364
low | high
Med:
434
30.769230769231% of Average
$ / SqFt:
$1,617
low | high
Med:
$560
100% of Average
On site:
28
low | high
Med:
12.000000
100% of Average
Sourced by Back At You
Listing Updated: April 12, 2025 at 3:43:53 PM PDT

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© 2025 Coldwell Banker the Real Estate Centre. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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