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$499,000

Unit 86 - 505 Highway 7 N/A E

Markham, ON L3T 7T1

Unit 86 - 505 Highway 7 N/A E, MarkhamListed at $499,000 Commercial Retail. MLS® N13793412.

Just listed — 3 days ago

Possession · seller's timeline

Flexible

364Sq Ft
Hospitality/Food Related
Commercial Retail
$2,931.07Taxes/yr · 2025

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.

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 Date9/16/2026
Days on Market3 days
PossessionFlexible

Business Details

Property Sub-TypeCommercial Retail
Business TypeHospitality/Food Related
Property UseRetail
Occupant TypeTenant
FranchiseYes
Showing RequirementsShowing System
Possession TypeFlexible
Listing Expires7/31/2027

Commercial Space & Financials

Retail Area364 Sq Ft
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: CENTURY 21 ATRIA REALTY INC.

MLS® #N13793412

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 →