Address
3255 Highway 7 N/a E # 131, Markham, ON
Price
$ 580,000
Property Attributes
  • ID#N13732450
  • TypeCommercial
  • Listing Status New
  • CityMarkham
  • AreaButtonville
  • NeighbourhoodButtonville
  • Postal CodeL3R 3P9
  • StyleCommercial Retail
  • Taxes$ 7337
  • Price$ 580,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage804
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

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.

Price History
9/1/2026 Listed $580,000

General Features

Cooling Yes
Utilities Available
Security Features Yes
Heater Type Gas Forced Air Closed
Unit Number 131
Property Subtype Commercial Retail
Tax Year 2025
Lot Depth 0.0
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 7337.17
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Legal Description York Region Condo Pl902,Level 1 Legal Unit #132

Interior Features

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

Exterior Features

Garage Type Plaza
Spa No
Building Area Total 804.0
Waterfront Y/N No
LotDimensionsSource Other

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 L3R 3P9

Price
AVG $420K
$580K
Visits
AVG 34
31
Data Provided by Inside Real Estate®