Home ›Listings ›Markham ›N13213742

505 Highway 7 N/A Markham ON

📍 Markham, Ontario L3T 7T1

$568,888

Active

📋 Listing Highlights

StatusActive
MLS®N13213742
ListedMay 29, 2026
Days on Market—
Property TypeCommercial
StyleCommercial Retail
Cross StreetHighway 7 & Leslie
PossessionFlexible

📝 Listing Description

Own a high-performing asset in one of Markham's busiest plazas! Benefit from steady and HIGH rental income from a long-term tenantoperating a well recognized bubble tea brand. The unit faces the heart of the parking lot, offering plenty of foot traffic, and includes awashroom facility. With high-density residential and business surroundings, plus easy access to Highways 404 and 407, Commerce Gate is apopular destination for foodies! AAA Tenant pays high Rent + TMI + HST and all utilities. Minimal management required. Lease terms to benegotiated.

🏠 Property Details

Property TypeCommercial
StyleCommercial Retail

🔧 Building & Utilities

HeatingGas Forced Air Open
CoolingYes
GaragePlaza

💰 Financial

List Price$568,888
Annual Taxes$2,931.07 (2025)
PossessionFlexible

🧮 Mortgage Calculator

$113,778
Est. Monthly Payment
$2,795/mo
Principal: $455,110 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by CENTURY 21 ATRIA REALTY INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #N13213742 · 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.