ON > Markham > Commerce Valley
Markham, ON L3T 7T1,505 Hwy 7 N/A E #54-56-58
Markham, ON L3T 7T1,505 Hwy 7 N/A E #54-56-58
Markham, ON L3T 7T1,505 Hwy 7 N/A E #54-56-58
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$2,488,000
Est. payment /mo
2,979 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,979 sqft

Price per Sqft $835

Subdivision Commerce Valley

MLS Listing ID N12157200

Annual Tax Amount $12,154

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

Rare Commercial Retail Offering at 505 Highway 7 East, Units 54-56-58. An outstanding opportunity to acquire three combined commercial retail units in one of the most sought-after retail corridors in the area. Currently occupied by Kinto Ramen, a well-established tenant providing stable income and sustainable net operating income.Located at the highly visible intersection of Highway 7 and Commerce Valley, the property benefits from steady foot traffic driven by dining, banking, and recreational activities. Positioned within a bustling plaza, it enjoys excellent exposure and accessibility.The property features:-BC Zoning-Strong long-term tenant providing consistent rental income-Shared plaza parking with high customer turnoverThis is a rare opportunity to secure a trophy retail asset in a high-demand location with a proven income stream and long-term value.

Location

Province ON

County York

Community Commerce Valley

Area York

Zoning BC

Interior

Cooling Yes

Inclusions 3 Existing heat pumps installed on the ceiling.

Exterior

Utilities Available Available

Others

Security Features Yes

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Listed by CAPITALPLUS GROUP REALTY INC.

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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