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$698,800
Available - For Sale
Listing ID: N11899288
505 Highway 7 East , Unit 86, Markham, L3T 7T1, Ontario


Level up your portfolio with this standout property! Heres your chance to own a prime retail unit in the long standing success, Commerce Gate plaza.Small units in this high-demand location are as coveted as they are scarce, making this a golden ticket to owning a slice of GTAs bustling retail hub.Collect steady rental income from stable, long-term tenant running a thriving bubble tea business. Commerce Gate, the hotspot, attracting customers fromallover with its high-density residential and business surroundings, plentiful parking, and unbeatable access to Highways 404 and 407.
Extras:   Aaa+ Tenant Pays Rent + Tmi + All Utilities. Minimal Management Work. Lease Agreement To Be Negotiated With Tenant Upon A ConditionallyAccepted Offer And Signed Nda/Confidentiality Agreement Please!
Price $698,800
Taxes: $2731.07
Tax Type: Annual
Assessment Year: 2023
Occupancy by: Tenant
Address: 505 Highway 7 East , Unit 86, Markham, L3T 7T1, Ontario
Apt/Unit: 86
Postal Code: L3T 7T1
Province/State: Ontario
Legal Description: YORK REGION CONDO PLAN 892 LEVEL 1 UNIT
Directions/Cross Streets: Highway 7 & Leslie
Category: Retail
Building Percentage: N
Total Area: 400.00
Total Area Code:  Sq Ft
Retail Area: 400
Retail Area Code: Sq Ft
Financial Statement: Y
Chattels: Y
Franchise: Y
Hours Open: 10
Employees #: 4
Seats: 0
LLBO: N
Sprinklers: Part
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Sewers: San+Storm
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 ATRIA REALTY INC.
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At a Glance:
Type: Com - Commercial/Retail
Area: York
Municipality: Markham
Neighbourhood: Commerce Valley
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $2,731.07
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
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