Own a high-performing asset in one of Markham's busiest plazas! Benefit from steady and HIGH rental income from a long-term tenantoperating a well recognized bubble tea brand. The unit faces the heart of the parking lot, offering plenty of foot traffic, and includes awashroom facility. With high-density residential and business surroundings, plus easy access to Highways 404 and 407, Commerce Gate is apopular destination for foodies! AAA Tenant pays high Rent + TMI + HST and all utilities. Minimal management required. Lease terms to benegotiated.
Address
86 - 505 Highway 7 E
List Price
$568,888
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Markham
Sub-Area
Commerce Valley
Region
York
Lot Type
Unit
Lot Size Units
Feet
Parcel Number
294230062
Total Building Area
364
Occupant Type
Tenant
Cross Street
Highway 7 & Leslie
MLS® Number
N13213742
Listing Brokerage
CENTURY 21 ATRIA REALTY INC.
Basement
No
Postal Code
L3T 7T1
Posession Details
Flexible
Tax Amount
$2,931.07
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Plaza
Tax Legal Description
YORK REGION CONDO PLAN 892 LEVEL 1 UNIT 62 BLDG C
Security Features
Partial
Sewer
Sanitary+Storm