Address
12 Main Street N, Markham, ON
Price
$ 2,200,000
Property Attributes
  • ID#N13606700
  • TypeCommercial
  • Listing Status New
  • CityMarkham
  • AreaOld Markham Village
  • NeighbourhoodOld Markham Village
  • Postal CodeL3P 1X2
  • StyleRetail Store Related
  • Taxes$ 18277
  • Price$ 2,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2516
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

THE CORNER OF HERITAGE & OPPORTUNITY Prime Commercial Property For Sale - Old Markham Village. Markham Rd (Main St) & Highway 7. Welcome to the crown jewel of Old Markham Village-a designated historic building commanding the busiest intersection in one of Ontario's fastest-growing communities. Positioned directly on the corner of Main Street and Highway 7, this is not merely a building; it is a landmark, a destination, and a golden ownership opportunity. LOCATION: Highway 7 delivers 40,000+ daily commuters, while Main Street offers charming foot traffic from locals and tourists. Your brand captures mass exposure and boutique village patronage-a marketing dream. FINANCIAL ADVANTAGE: As a designated historic property, you qualify for about 18-20% Heritage Property Tax Reduction on municipal and education taxes-saving you about $2,000-$3,000 annually. Over a decade, that's up to about $30,000 in pure savings directly boosting your ROI.VERSATILE ZONING Fully approved for Commercial Office and Restaurant use-no speculative waiting. Currently operating as medical clinics with 4 established physicians, providing immediate rental income and a seamless transition. Restaurateurs capture dinner crowds; professionals gain 24/7 brand visibility and client-trusting heritage ambiance.7 EXCLUSIVE PARKING SPACES In a village where street parking is scarce, these 7 spaces are a strategic asset-driving higher property value and tenant demand. INVESTMENT THESIS: This is a recession-resistant, appreciating asset. Historical designation prevents over-development, protecting your value. With premium rent potential, tax rebates lowering hold costs, and surging Markham land values, this trophy asset offers exceptional long-term equity growth. WHY WAIT? Properties like this rarely hit the open market. Secure your flagship restaurant, expand your practice, or diversify with a generational asset today.

Price History
7/27/2026 Listed $2,200,000

General Features

Cooling Yes
Utilities Yes
Security Features No
Heater Type Gas Forced Air Closed
Parking Spaces 7
Property Subtype Commercial Retail
Tax Year 2025
Lot Depth 117.0
Business Type Retail Store Related
Community Features Public Transit,Recreation/Community Centre
County York
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status New
City Markham
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 18277.83
Virtual Tour https://drive.google.com/file/d/1oFUblDovUZ1o7gSOk8XolNMBkJWM_Ye0/view?usp=drivesdk
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner+Tenant

Interior Features

Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No

Exterior Features

Garage Type Outside/Surface
Spa No
Building Area Total 2516.0
Lot Size Source MPAC
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L3P 1X2

Price
AVG $2.2M
$2.2M
Visits
AVG 7
68
Data Provided by Inside Real Estate®