For saleMLS® N13785522

A26 & A27 - 505 Highway 7 E, Markham, ON L3T 7T1

Commerce Valley, Markham · Near Hwy 7/Commerce Valley Dr W · View map

$1,380,000
1Baths
831.76Sq ft
Commercial retailType
Outside/SurfaceGarage
NoneParking
$3,379/yrTaxes
$1,380,000
FreeholdNo monthly condo fee
Outside/Surface garageFrom the listing

About this home

Welcome to 505 Highway 7 East, Units A26 & 27, a strategic address in the heart of Markham's bustling business corridor. Rare corner units with many display windows facing busy Highway 7 offer plenty of street level exposure. Offering BC zoning, this combined double-unit provides flexibility for medical, dental, professional, retail, or service-based businesses. The layout is thoughtfully designed to provide versatility, functionality and elegance. A welcoming lobby and reception area set the stage for a professional first impression, while multiple private commercial rooms/offices allow for a variety of uses, whether its consultation rooms, treatment spaces, or staff work areas. A dedicated staff area, office, and washroom make it easy to run daily operations smoothly. With a spacious interior, this unit balances efficiency with comfort. Clients will appreciate the convenience of being along the highly visible Hwy 7 strip, surrounded by restaurants, shopping, medical offices, and easy access to Hwy 404, Hwy 407, and public transit. The plaza also provides ample parking, ensuring a hassle free visit for both staff and visitors. Monthly condo fees include common area maintenance, indoor/outdoor parking, and mall security. For buyers, this property offers a turnkey opportunity to step into one of Markham's most recognizable commercial hubs with space designed for growth, visibility, and client satisfaction.

The home

Type
Commercial retail
Square footage
831.76 sq ft
Bathrooms
1

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Yes

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Yes

Garage & parking

Garage
Outside/Surface
Total parking
None

Taxes & other

Property taxes
$3,379/yr
Tax year
2025
Occupancy
Owner
Possession
60/90/TBA
Cross street
Hwy 7/Commerce Valley Dr W
Neighbourhood
Commerce Valley

More

MLS® number
N13785522

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Want to know something that isn’t listed?
Estimated monthly cost$5,848per 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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    505 Highway 7 N/A, Markham, ON L3T 7T1

    Commerce Valley, Markham · Near Hwy 7/Commerce Valley Dr W

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    Sold history

    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.

    Questions & answers

    Frequently asked questions about A26 & A27 - 505 Highway 7 E

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

    How much is A26 & A27 - 505 Highway 7 E listed for, and what would it cost each month?

    A26 & A27 - 505 Highway 7 E is listed for $1,380,000. With 20% down ($276,000), the mortgage payment would be roughly $5,567 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,848 a month, all in. That figure is an illustration, not a quote.

    Is A26 & A27 - 505 Highway 7 E freehold or a condo, and is there a monthly fee?

    A26 & A27 - 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 A26 & A27 - 505 Highway 7 E have a garage and parking?

    Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.

    What style of home is A26 & A27 - 505 Highway 7 E?

    A26 & A27 - 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 A26 & A27 - 505 Highway 7 E heated and cooled?

    Heating is gas forced air open. Cooling is yes.

    What are the property taxes for A26 & A27 - 505 Highway 7 E?

    Property taxes are $3,379 a year (2025), or about $282 a month.

    Where is A26 & A27 - 505 Highway 7 E?

    A26 & A27 - 505 Highway 7 E is in the Commerce Valley community of Markham. The nearest main intersection is Hwy 7/Commerce Valley Dr W. The postal code is L3T 7T1.

    Is A26 & A27 - 505 Highway 7 E still for sale?

    Yes. It is an active listing (MLS® N13785522). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near A26 & A27 - 505 Highway 7 E asking?

    Similar properties for sale nearby right now include 86 - 505 Highway 7 E at $449,888, Kiosk 5 - 505 Highway 7 E at $49,000 and 219 - 2600 John Street at $1,330,065. 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 A26 & A27 - 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.

    Keep exploring

    Similar properties nearby

    More properties for sale near Commerce Valley, picked by style, size and price.

    See more in Commerce Valley
    86 - 505 Highway 7 E, MarkhamCommercial retail$449,88886 - 505 Highway 7 E, MarkhamCommerce ValleyCourtesy of: RE/MAX REALTRON REALTY INC.View home →Kiosk 5 - 505 Highway 7 E, MarkhamCommercial retail$49,000Kiosk 5 - 505 Highway 7 E, MarkhamCommerce ValleyCourtesy of: SUPERSTARS REALTY LTD.View home →219 - 2600 John Street, MarkhamIndustrial$1,330,065219 - 2600 John Street, MarkhamMilliken Mills WestCourtesy of: COLLIERSView home →

    Courtesy of: SAM MCDADI REAL ESTATE 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.

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