86 - 505 Highway 7
Markham, ON
- 400 sqft
- Commercial Retail
An Exciting Opportunity To Own Your Own Commercial Retail Space At The Iconic Commerce Gate, One Of Markham's Most Recognized & Established Shopping And Dining Destinations! Whether You're An Entrepreneur Looking To Build Your Business Without Paying Rent To A Landlord, Or An Investor Seeking A Commercial Property With Long-Term Income Potential, This Is An Opportunity Worth Exploring. Situated In A High-Traffic Plaza At Highway 7 & Leslie, This Retail Unit Offers Excellent Exposure Facing The Main Parking Area, Surrounded By A Vibrant Mix Of Popular Restaurants, Bubble Tea Shops, Cafes, Specialty Retailers & Professional Offices. The Surrounding Residential & Business Communities Help Create A Dynamic Environment For Both Daytime & Evening Activity. An Ideal Opportunity For A Bubble Tea Shop, Cafe, Specialty Retail, Cafe, Bakery, Takeout Concept Or Other Boutique Business. Enjoy Ample Plaza Parking, Convenient Public Transit & Quick Access To Highways 404 & 407. For Business Owners, It's An Opportunity To Invest In Your Own Space & Build Equity Instead Of Paying Rent Year After Year. For Investors, It's A Chance To Own A Commercial Asset In A Well-Established Retail Destination With The Potential To Generate Rental Income For Years To Come. Own The Space. Build Your Business. Invest In Your Future.
Listing Details
- Taxes (2025)
- $2,931
- Listed
- October 22, 2026
Price History
Listing history
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Parking
- Garage
- Plaza
Location & Legal
- Cross Street
- Highway 7 & Leslie
- Zoning
- Commercial/Retail
- Parcel Number
- 294230062
- Possession
- Immediate
- Occupancy
- Vacant
Commercial
- Business Type
- Hospitality/Food Related
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
- $1,075,000
- Homes sold
- 2,921
- Median days on market
- 22
- Sale-to-list price
- 99.1%
Based on 2,921 recorded sales of commercial properties in Markham over the last 12 months.
Listed by
RE/MAX REALTRON REALTY INC.
Walk Score
Walk
Transit
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 400 sq ft
- Price per sq ft
- $1,124.72
- Annual property tax
- $2,931
- Tax per sq ft
- $7.33
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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