1069 - 8321 Kennedy Road
Markham, ON
704 sqft • Commercial Retail • 320 days on market
Newly leased with a strong cap rate, one of the best units at the super busy "Langham Square" in Markham, facing the main parking lot! Apps, 700 sqft, with practically any commercial retail uses permitted, including clinics, medical office, fast food, restaurant, variety store, massage/wellness spa, bubble tea/coffee shop, vape store, and more. Public transit to the door. York University, Downtown Markham, Markville Mall, and much more are within minutes. A rare opportunity to own a fully tenanted, income-generating asset in one of the GTA's fastest-growing commercial hubs. *Photos were taken before current tenant occupancy.
Listing Details
- Taxes (2024)
- $6,643
- Listed
- October 6, 2025
Price History
Property
- Age
- 6-15
Utilities
- Sewer
- Sanitary Available
Location & Legal
- Cross Street
- N Of Kennedy& Hwy 7
- Zoning
- Commercial
- Possession
- Flexible
Commercial
- Business Type
- Retail Store Related
- Occupancy
- Tenant
Included
- Exclusions
- All chattels and decorations and are not included in the sale.
Community
Postal area L3T
- Population
- 50,405
- Private dwellings
- 20,672
- Median age
- 47.2
- Average household size
- 2.5
- Median household income
- $95,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Markham · last 12 months
- Median sold price
- $1,088,000
- Homes sold
- 2,976
- Median days on market
- 22
- Sale-to-list price
- 99.1%
Based on 2,976 recorded sales of commercial properties in Markham over the last 12 months.
Listed by
SMART SOLD REALTY
Commercial figures
- Building area
- 704 sq ft
- Price per sq ft
- $1,278.41
- Annual property tax
- $6,643
- Tax per sq ft
- $9.44
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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