HomeListingsMarkhamN13106406

3255 Highway 7 N/A Markham ON

📍 Markham, Ontario L3R 3P9

$580,000

Active

📋 Listing Highlights

StatusActive
MLS®N13106406
ListedMay 9, 2026
Days on Market
Property TypeCommercial
StyleCommercial Retail
Cross StreetHwy 7 & Woodbine
PossessionFLEXIBLE

📝 Listing Description

Excellent Investment Opportunity At Prestigious First Markham Place! Prime Commercial Unit Featuring Two Stable Long-Term Tenant (131 & 131A) Currently Paying $3,200/Month Net Rent. Tenant Responsible For TMI, Providing Strong And Predictable Cash Flow For Investors. Outstanding 6.62% Cap Rate. Located In One Of Markham's Most Recognized And High Traffic Commercial Destinations With Over 170+ Retail Stores, Restaurants, Services & Food Court Vendors. Exceptional Exposure In A Busy Mixed-Use Commercial Hub Popular With Both Local & Regional Visitors. Conveniently Situated Along Highway 7 Between Woodbine Ave & Warden Ave With Quick Access To Hwy 404 & Hwy 407. Easily Accessible By YRT/Viva Transit Routes. Surrounded By Dense Residential Communities, Office Buildings, Hotels, Restaurants, Banks & Major Amenities. Excellent Long-Term Investment Potential In A Highly Desirable And Continuously Growing Markham Commercial Corridor.

🏠 Property Details

Property TypeCommercial
StyleCommercial Retail

🔧 Building & Utilities

HeatingGas Forced Air Closed
CoolingYes
GaragePlaza

💰 Financial

List Price$580,000
Annual Taxes$7,337.17 (2025)
PossessionFLEXIBLE

🧮 Mortgage Calculator

$116,000
Est. Monthly Payment
$2,849/mo
Principal: $464,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by HOMELIFE LANDMARK RH REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #N13106406 · 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.