For Sale · Commercial Retail
505 Highway 7 N/A E 86, Markham, ON L3T 7T1
Markham · Commerce Valley
0
Beds
—
Baths
0
Parking
364 sq ft
Sq ft
—
Built
The honest picture
Listed 1% below the Commerce Valley benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
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.
Property details
Listed on
May 29, 2026
Days on market
56 days
Property tax
$2,931.07 (2025)
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
N13213742
Full details
Parking
GaragePlaza
Property & sold history
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True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 5.6%
$
Down:or type any amount above
This price requires at least 5.6% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$7,853
Legal · title · inspection$2,800
Closing costs$10,653
Down payment$31,889
Total cash to close$42,542
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.
