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Markham, ON

1,500 sqft • Store W Apt/Office • 220 days on market

$1,529,000

Fully-Leased Opportunity. Excellent chance to own a beautiful heritage property near Main St Markham Rd. Fully-tenanted corner building with ground floor retail space, 1-2 bedroom/1 bath apartment, and 1-1 bedroom/1 bath apartment (Ground floor commercial space leased for $4500 + HST with 5 + 5 year lease . 2 bedroom apartment potential rent $2800/month, 1 bedroom apartment potential rent for $2000/Month). All rent is plus water and hydro. All separately metered for hydro. Water is shared. Mixed use residential and commercial. Retail tenant can stay and sign a new 5 year lease or move to permit another use. Many permitted uses: veterinary clinic, commercial school, medical, fitness, art gallery, office, restaurant, retail, etc.

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Listing Details

Taxes (2025)
$4,843
Listed
January 14, 2026

Price History

Property

Lot Size
22 x 126 Feet

Location & Legal

Zoning
C2 Central Commercial
Possession
Flexible

Commercial

Occupancy
Owner+Tenant
Office / Apartment Area
1000 Sq Ft

Included

Inclusions
2 fridges, 2 stoves, electric light fixtures, window covers, washer and dryer.
Exclusions
Tenant items

Community

Postal area L3P

Population
37,336
Private dwellings
12,978
Median age
47.2
Average household size
2.9
Median household income
$115,000

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
2,974
Median days on market
22
Sale-to-list price
99.1%

Based on 2,974 recorded sales of commercial properties in Markham over the last 12 months.

Listed by

HOMELIFE/BAYVIEW REALTY INC.

Commercial figures

Building area
1,500 sq ft
Price per sq ft
$1,019.33
Annual property tax
$4,843
Tax per sq ft
$3.23

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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