Home · Buy · Markham · 3255 Highway 7 N/A E 131, Markham, ON L3R 3P9
+ 7 photos
For Sale · Commercial Retail
3255 Highway 7 N/A E 131, Markham, ON L3R 3P9
Markham · Buttonville
Plaza garage
0
Beds
—
Baths
0
Parking
804 sq ft
Sq ft
—
Built
The honest picture
List price
$580,000
Renavu Estimate
—
Benchmark · All homes
$1,434,800
Listed 60% below the Buttonville benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Excellent Investment Opportunity At Prestigious First Markham Place! Prime Commercial Unit Featuring Two Stable Long-Term Tenant (131 & 131A) Currently Paying $3,200/Month Net Rent. Tenant Responsible For TMI, Providing Strong And Predictable Cash Flow For Investors. Outstanding 6.62% Cap Rate. Located In One Of Markham's Most Recognized And High Traffic Commercial Destinations With Over 170+ Retail Stores, Restaurants, Services & Food Court Vendors. Exceptional Exposure In A Busy Mixed-Use Commercial Hub Popular With Both Local & Regional Visitors. Conveniently Situated Along Highway 7 Between Woodbine Ave & Warden Ave With Quick Access To Hwy 404 & Hwy 407. Easily Accessible By YRT/Viva Transit Routes. Surrounded By Dense Residential Communities, Office Buildings, Hotels, Restaurants, Banks & Major Amenities. Excellent Long-Term Investment Potential In A Highly Desirable And Continuously Growing Markham Commercial Corridor.
Property details
Listed on
May 9, 2026
Days on market
76 days
Property tax
$7,337.17 (2025)
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
N13106406
Full details
Parking
GaragePlaza
Property & sold history
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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 · 5.7%
$
Down:or type any amount above
This price requires at least 5.7% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$8,075
Legal · title · inspection$2,800
Closing costs$10,875
Down payment$33,000
Total cash to close$43,875
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.
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