Home ›Listings ›Markham ›N12958652

505 Highway 7 N/A Markham ON

📍 Markham, Ontario L3T 7T1

$659,000

Active
1BATHS

📋 Listing Highlights

StatusActive
MLS®N12958652
ListedApr 5, 2026
Days on Market—
Property TypeCommercial
StyleCommercial Retail
Cross StreetHwy 7/Commerce Valley Dr W
PossessionTBA

📝 Listing Description

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.

🏠 Property Details

Property TypeCommercial
StyleCommercial Retail
Bathrooms1

🔧 Building & Utilities

HeatingGas Forced Air Open
CoolingYes
GarageOutside/Surface

💰 Financial

List Price$659,000
Annual Taxes$2,011.29 (2026)
PossessionTBA

🧮 Mortgage Calculator

$131,800
Est. Monthly Payment
$3,237/mo
Principal: $527,200 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by JDL REALTY INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #N12958652 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.