261 - 7181 YONGE Street, Markham, ON L3T 0C7
Thornhill, Markham · Near Yonge Street and Steels Ave · View map
About this home
Discover an exciting opportunity to own a commercial condominium in the popular World on Yonge mixed-use development.LOCATION, LOCATION, LOCATION is key! Surrounded by residential condominium towers, professional offices, restaurants, retail shops, and everyday amenities, with a growing subway network soon to be on your doorstep, this established destination brings businesses and potential customers together! Enjoy the captive customer base of 4 condo towers with over 1200 residential units, an on-site hotel and over 300 current businesses finding success at this prominent commercial destination. Situated on the second floor of the busy commercial mall, this unit offers an attractive setting for entrepreneurs, professionals, and established business owners looking to build a lasting presence in a dynamic commercial community. Ideal for boutique retail, specialty services, professional offices, or beauty and wellness concepts, subject to permitted uses and condominium regulations.Why rent when you can own? Establish your business, build equity, and secure your place in one of Thornhill's most recognizable mixed-use commercial destinations.
The home
- Type
- Commercial retail
- Square footage
- 326 sq ft
- Approximate age
- 6-15 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Garage
- Underground
- Total parking
- None
Taxes & other
- Property taxes
- $1,800/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- IMMEDIATE
- Cross street
- Yonge Street and Steels Ave
- Neighbourhood
- Thornhill
More
- MLS® number
- N14129916
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
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.
7181 YONGE Street, Markham, ON L3T 0C7
Thornhill, Markham · Near Yonge Street and Steels Ave
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Listing history for 7181 YONGE Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 261 - 7181 YONGE Street
Answers come straight from this home’s MLS® listing.
How much is 261 - 7181 YONGE Street listed for, and what would it cost each month?
261 - 7181 YONGE Street is listed for $118,880. With 20% down ($23,776), the mortgage payment would be roughly $480 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $630 a month, all in. That figure is an illustration, not a quote.
Is 261 - 7181 YONGE Street freehold or a condo, and is there a monthly fee?
261 - 7181 YONGE Street is a commercial retail in Thornhill, 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 261 - 7181 YONGE Street have a garage and parking?
Yes. The listing shows the garage as underground. The listing does not include a parking space.
What style of home is 261 - 7181 YONGE Street?
261 - 7181 YONGE Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 261 - 7181 YONGE Street heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 261 - 7181 YONGE Street?
Property taxes are $1,800 a year (2026), or about $150 a month.
Where is 261 - 7181 YONGE Street?
261 - 7181 YONGE Street is in the Thornhill community of Markham. The nearest main intersection is Yonge Street and Steels Ave. The postal code is L3T 0C7.
Is 261 - 7181 YONGE Street still for sale?
Yes. It is an active listing (MLS® N14129916). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 261 - 7181 YONGE Street asking?
Similar properties for sale nearby right now include 297 - 7181 Yonge Street at $125,000, 204 - 7181 Yonge Street at $145,000 and 247 - 7181 Yonge Street at $59,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 7181 YONGE 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 261 - 7181 YONGE Street?
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.
Similar properties nearby
More properties for sale near Thornhill, picked by style, size and price.
Commercial retail$125,000297 - 7181 Yonge Street, MarkhamThornhillCourtesy of: HOMELIFE/MIRACLE REALTY LTDView home →
Commercial retail$145,000204 - 7181 Yonge Street, MarkhamGrandviewCourtesy of: HOMELIFE FRONTIER REALTY INC.View home →
Sale of business$59,000247 - 7181 Yonge Street, MarkhamGrandviewCourtesy of: RE/MAX REALTRON REALTY INC.View home →Courtesy of: SUTTON GROUP - SUMMIT REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.