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$568,888

Unit 86 - 505 Highway 7 N/A E

Markham, ON L3T 7T1

Unit 86 - 505 Highway 7 N/A E, MarkhamListed at $568,888 Commercial Retail. MLS® N13213742.

385Sq Ft
Hospitality/Food Related
Commercial Retail
$2,931.07 (2025)

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.

Business Details

Property Sub-TypeCommercial Retail
Business TypeHospitality/Food Related
Property UseRetail
Occupant TypeTenant
FranchiseYes
Showing RequirementsShowing System
Possession TypeFlexible
Listing Expires5/26/2027

Commercial Space & Financials

Retail Area385 Sq Ft

Property Details

Property TypeCommercial Retail
CommunityCommerce Valley
Dir/Cross StHighway 7 & Leslie
Garage TypePlaza
Heating TypeGas Forced Air Open
A/CYes
SewersSanitary+Storm
Taxes (2025)$2,931.07
HSTNot Subject to HST
SecurityPartial
Listed Date5/29/2026
Days on Market8 days
PossessionFlexible

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MLS® Verified · Same-day showings available

Same-day showings available
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Property Insights

Listing Courtesy of: CENTURY 21 ATRIA REALTY INC.

MLS® #N13213742

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Markham Real Estate

This Commercial Retail is located in the Commerce Valley community in Markham. Markham is a tech and innovation hub in York Region, home to IBM Canada, AMD, and hundreds of startups along Highway 7. Unionville Main Street offers heritage charm, while newer communities in Cornell and Cathedraltown provide modern family living. The city consistently ranks among the safest in Canada with top-performing schools.

Tech corridor along Highway 7Historic Unionville Main StreetYork Region's top-ranked schoolsPacific Mall & Markville Shopping Centre
~50 min commute to downtown TorontoWalkability: Moderate — walkable near Unionville and downtown Markham
View full Markham neighbourhood guide →