3A - 505 E Highway 7 Highway E, Markham, ON L3T 7T1
Commerce Valley, Markham · Near highway 7/ commerce valley w · View map
About this home
This is a retail unit located in a very busy commercial plaza known as commerce gate. Located in a densely populated neighborhood with residential buildings and office buildings. lot of very busy restaurants and eating places.
The home
- Type
- Commercial retail
- Square footage
- 503 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Property management
- online property management
- Security
- Yes
Heating & cooling
- Heating type
- Gas Hot Water
- Air conditioning
- Yes
Garage & parking
- Garage
- Plaza
- Total parking
- None
Taxes & other
- Property taxes
- $3,344/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- assume tenant
- Cross street
- highway 7/ commerce valley w
- Neighbourhood
- Commerce Valley
More
- MLS® number
- N13859050
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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.
505 Highway 7 Highway, Markham, ON L3T 7T1
Commerce Valley, Markham · Near highway 7/ commerce valley w
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Listing history for 505 Highway 7 Highway
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.
Frequently asked questions about 3A - 505 E Highway 7 Highway E
Answers come straight from this home’s MLS® listing.
How much is 3A - 505 E Highway 7 Highway E listed for, and what would it cost each month?
3A - 505 E Highway 7 Highway E is listed for $729,000. With 20% down ($145,800), the mortgage payment would be roughly $2,941 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,219 a month, all in. That figure is an illustration, not a quote.
Is 3A - 505 E Highway 7 Highway E freehold or a condo, and is there a monthly fee?
3A - 505 E Highway 7 Highway E is a commercial retail in Commerce Valley, 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 3A - 505 E Highway 7 Highway E have a garage and parking?
Yes. The listing shows the garage as plaza. The listing does not include a parking space.
What style of home is 3A - 505 E Highway 7 Highway E?
3A - 505 E Highway 7 Highway E is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 3A - 505 E Highway 7 Highway E heated and cooled?
Heating is gas hot water. Cooling is yes.
What are the property taxes for 3A - 505 E Highway 7 Highway E?
Property taxes are $3,344 a year (2026), or about $279 a month.
Where is 3A - 505 E Highway 7 Highway E?
3A - 505 E Highway 7 Highway E is in the Commerce Valley community of Markham. The nearest main intersection is highway 7/ commerce valley w. The postal code is L3T 7T1.
Is 3A - 505 E Highway 7 Highway E still for sale?
Yes. It is an active listing (MLS® N13859050). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 3A - 505 E Highway 7 Highway E asking?
Similar properties for sale nearby right now include 226-230 - 505 Highway 7 Avenue E at $799,000, 288&290 - 505 Highway 7 Road E at $559,900 and 19 - 290 YORKTECH Drive at $729,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 505 Highway 7 Highway 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 3A - 505 E Highway 7 Highway E?
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 Commerce Valley, picked by style, size and price.
Commercial retail$799,000226-230 - 505 Highway 7 Avenue E, MarkhamCommerce ValleyCourtesy of: RE/MAX IMPERIAL REALTY INC.View home →
Office$559,900288&290 - 505 Highway 7 Road E, MarkhamCommerce ValleyCourtesy of: JOYNET REALTY INC.View home →
Commercial retail$729,00019 - 290 YORKTECH Drive, MarkhamButtonvilleCourtesy of: MANORLEAD GROUP INC.View home →Courtesy of: HOMELIFE/BAYVIEW 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.