86 - 505 Highway 7 E, Markham, ON L3T 7T1
Commerce Valley, Markham · Near Highway 7 & Leslie · View map
About this home
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.
The home
- Type
- Commercial retail
- Square footage
- 400 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Plaza
- Total parking
- None
Taxes & other
- Property taxes
- $2,931/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Immediate/Flexible
- Cross street
- Highway 7 & Leslie
- Neighbourhood
- Commerce Valley
More
- MLS® number
- N14108920
No matching details. Ask Will instead
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 N/A, Markham, ON L3T 7T1
Commerce Valley, Markham · Near Highway 7 & Leslie
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 505 Highway 7 N/A
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 86 - 505 Highway 7 E
Answers come straight from this home’s MLS® listing.
How much is 86 - 505 Highway 7 E listed for, and what would it cost each month?
86 - 505 Highway 7 E is listed for $449,888. With 20% down ($89,978), the mortgage payment would be roughly $1,815 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,059 a month, all in. That figure is an illustration, not a quote.
Is 86 - 505 Highway 7 E freehold or a condo, and is there a monthly fee?
86 - 505 Highway 7 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 86 - 505 Highway 7 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 86 - 505 Highway 7 E?
86 - 505 Highway 7 E is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 86 - 505 Highway 7 E heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 86 - 505 Highway 7 E?
Property taxes are $2,931 a year (2025), or about $244 a month.
Where is 86 - 505 Highway 7 E?
86 - 505 Highway 7 E is in the Commerce Valley community of Markham. The nearest main intersection is Highway 7 & Leslie. The postal code is L3T 7T1.
Is 86 - 505 Highway 7 E still for sale?
Yes. It is an active listing (MLS® N14108920). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 86 - 505 Highway 7 E asking?
Similar properties for sale nearby right now include Kiosk 5 - 505 Highway 7 E at $49,000, A26 & A27 - 505 Highway 7 E at $1,380,000 and 288&290 - 505 Highway 7 Road E at $559,900. 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 N/A 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 86 - 505 Highway 7 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$49,000Kiosk 5 - 505 Highway 7 E, MarkhamCommerce ValleyCourtesy of: SUPERSTARS REALTY LTD.View home →
Commercial retail$1,380,000A26 & A27 - 505 Highway 7 E, Markham1 bath · Commerce ValleyCourtesy of: SAM MCDADI REAL ESTATE INC.View home →
Office$559,900288&290 - 505 Highway 7 Road E, MarkhamCommerce ValleyCourtesy of: JOYNET REALTY INC.View home →Courtesy of: RE/MAX REALTRON 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.