Home · Buy · Markham · 505 Highway 7 N/A E A18 & A19, Markham, ON L3T 7T1
For Sale · Commercial Retail
505 Highway 7 N/A E A18 & A19, Markham, ON L3T 7T1
Markham · Commerce Valley
Outside/Surface garage
0
Beds
1
Baths
0
Parking
486 sq ft
Sq ft
—
Built
The honest picture
List price
$659,000
Renavu Estimate
—
Benchmark · All homes
$575,700
Listed 14% above the Commerce Valley benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Rare opportunity to own a combined double-unit commercial condo at Commerce Gate - one of Thornhill's busiest and most established plazas at Hwy 7 & Leslie St. Ground floor units with full glass storefront windows offer excellent visibility and high daily foot traffic. Flexible commercial zoning permits a wide range of uses including restaurant, retail, medical, personal service, and professional office. Surrounded by a thriving tenant mix of restaurants, cafés, and specialty retail drawing a loyal clientele from Thornhill, Richmond Hill, and Markham. Ample surface and underground parking. Steps to YRT transit. Minutes to Hwy 404 & 407. Whether you're an owner-operator ready to stop paying rent or an investor seeking a proven commercial address - this is the one.
Property details
Listed on
April 5, 2026
Days on market
110 days
Property tax
$2,011.29 (2026)
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
N12958652
Full details
Parking
GarageOutside/Surface
Property & sold history
🔒
See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 6.2%
$
Down:or type any amount above
This price requires at least 6.2% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$9,655
Legal · title · inspection$2,800
Closing costs$12,455
Down payment$40,900
Total cash to close$53,355
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
