$499,000
( $1370.88Per Sq Foot )
 $2,679 est/mo Sourced by Back At You

505 Highway 7 E 86,Markham, ON L3T 7T1

Markham, ON L3T 7T1

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Description

Own a rare income-producing commercial condo in iconic Commerce Gate, one of Markham/Thornhill's busiest and most established food and retail destinations. The unit offers exceptional daily traffic and visibility, facing the heart of the parking lot and surrounded by restaurants, retail, offices and high-density residential. Ample parking, easy access to Hwy 404, 407 and transit, and minimal management make this a turnkey investment in a proven, high-demand location. Long-term AAA tenant operating a well-recognized bubble tea brand can stay or go. Lease terms to be negotiated.

Details

MLS #N13793412
Listing TypeFor Sale
Sub-TypeResale
StatusPrice Change
Year0
Days On Site25
Listing Provided ByCENTURY 21 ATRIA REALTY INC. | N13793412 057600

Features

SQ Feet364
Acreage0.01

Interior

CoolingYes

Exterior

Security FeaturesPartial

Utilities

UtilitiesYes
SewerSanitary+Storm

Taxes

Tax Annual Amount2931.07
Tax TypeN/A
Tax Legal DescriptionYORK REGION CONDO PLAN 892 LEVEL 1 UNIT 62 BLDG C
Tax Year2025

Area Information

ProvinceON
RegionYork
CityMarkham
Postal CodeL3T 7T1
AreaCommerce Valley
Listing VS Median (in L3T 7T1)
Price:
$499,000
low | high
Med:
$499,000
50% of Average
sqft:
364
low | high
Med:
364
50% of Average
$ / sqft:
$1,371
low | high
Med:
$1,371
50% of Average
On site:
25
low | high
Med:
25
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
RegionYork
CityMarkham
Postal CodeL3T 7T1
AreaCommerce Valley
Listing VS Median (in L3T 7T1)
Price:
$499,000
low | high
Med:
$499,000
50% of Average
sqft:
364
low | high
Med:
364
50% of Average
$ / sqft:
$1,371
low | high
Med:
$1,371
50% of Average
On site:
25
low | high
Med:
25
100% of Average
Sourced by Back At You
Listing Updated: September 30, 2026 at 12:27:54 AM PDT