For saleMLS® N13606700

12 Main Street N, Markham, ON L3P 1X2

Old Markham Village, Markham · Near Highway 7 / Main · View map

$2,200,000
2516Sq ft
Commercial retailType
Outside/SurfaceGarage
7 totalParking
$18,278/yrTaxes
$2,200,000
FreeholdNo monthly condo fee
Outside/Surface garage7 parking spaces in total
Lot 49.5 x 117 ftThe land comes with the home

About this home

THE CORNER OF HERITAGE & OPPORTUNITY Prime Commercial Property For Sale - Old Markham Village. Markham Rd (Main St) & Highway 7. Welcome to the crown jewel of Old Markham Village-a designated historic building commanding the busiest intersection in one of Ontario's fastest-growing communities. Positioned directly on the corner of Main Street and Highway 7, this is not merely a building; it is a landmark, a destination, and a golden ownership opportunity. LOCATION: Highway 7 delivers 40,000+ daily commuters, while Main Street offers charming foot traffic from locals and tourists. Your brand captures mass exposure and boutique village patronage-a marketing dream. FINANCIAL ADVANTAGE: As a designated historic property, you qualify for about 18-20% Heritage Property Tax Reduction on municipal and education taxes-saving you about $2,000-$3,000 annually. Over a decade, that's up to about $30,000 in pure savings directly boosting your ROI.VERSATILE ZONING Fully approved for Commercial Office and Restaurant use-no speculative waiting. Currently operating as medical clinics with 4 established physicians, providing immediate rental income and a seamless transition. Restaurateurs capture dinner crowds; professionals gain 24/7 brand visibility and client-trusting heritage ambiance.7 EXCLUSIVE PARKING SPACES In a village where street parking is scarce, these 7 spaces are a strategic asset-driving higher property value and tenant demand. INVESTMENT THESIS: This is a recession-resistant, appreciating asset. Historical designation prevents over-development, protecting your value. With premium rent potential, tax rebates lowering hold costs, and surging Markham land values, this trophy asset offers exceptional long-term equity growth. WHY WAIT? Properties like this rarely hit the open market. Secure your flagship restaurant, expand your practice, or diversify with a generational asset today.

The home

Type
Commercial retail
Square footage
2516 sq ft
Lot size
49.5 x 117 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Garage
Outside/Surface
Driveway spaces
7
Total parking
7

Taxes & other

Property taxes
$18,278/yr
Tax year
2025
Occupancy
Owner+Tenant
Possession
TBA
Cross street
Highway 7 / Main
Neighbourhood
Old Markham Village

More

MLS® number
N13606700

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Estimated monthly cost$10,397per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    12 Main Street, Markham, ON L3P 1X2

    Old Markham Village, Markham · Near Highway 7 / Main

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    Sold history

    Listing history for 12 Main Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 12 Main Street N

    Answers come straight from this home’s MLS® listing.

    How much is 12 Main Street N listed for, and what would it cost each month?

    12 Main Street N is listed for $2,200,000. With 20% down ($440,000), the mortgage payment would be roughly $8,874 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $10,397 a month, all in. That figure is an illustration, not a quote.

    Is 12 Main Street N freehold or a condo, and is there a monthly fee?

    12 Main Street N is a commercial retail in Old Markham Village, Markham. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 12 Main Street N have a garage and parking?

    Yes. The listing shows the garage as outside/surface. The driveway adds 7 spaces. In total the listing counts 7 parking spaces.

    What style of home is 12 Main Street N?

    12 Main Street N is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 12 Main Street N, and what is the lot size?

    The lot is listed as 49.5 x 117 ft.

    How is 12 Main Street N heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    What are the property taxes for 12 Main Street N?

    Property taxes are $18,278 a year (2025), or about $1,523 a month.

    Where is 12 Main Street N?

    12 Main Street N is in the Old Markham Village community of Markham. The nearest main intersection is Highway 7 / Main. The postal code is L3P 1X2.

    Is 12 Main Street N still for sale?

    Yes. It is an active listing (MLS® N13606700). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 12 Main Street N asking?

    Similar properties for sale nearby right now include 180 & 188 Main Street N at $1,998,000 (6 bed), 12 Centre Street at $1,630,000 and 201 - 20 Gibson Avenue at $2,190,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 12 Main Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 12 Main Street N?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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