A18 & A19 - 505 HIGHWAY 7 E, Markham (Commerce Valley)

$659,000

For sale: Other

Other at A18 & A19 - 505 HIGHWAY 7 E, Markham (Commerce Valley)
Property type
Commercial Retail
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® N12958652
Neighbourhood
Commerce Valley

Rare opportunity to own a combined double-unit commercial condo at Commerce Gate - one of Thornhill's busiest and most established plazas at Hwy 7 & Leslie St. Ground floor units with full glass storefront windows offer excellent visibility and high daily foot traffic. Flexible commercial zoning permits a wide range of uses including restaurant, retail, medical, personal service, and professional office. Surrounded by a thriving tenant mix of restaurants, cafés, and specialty retail drawing a loyal clientele from Thornhill, Richmond Hill, and Markham. Ample surface and underground parking. Steps to YRT transit. Minutes to Hwy 404 & 407. Whether you're an owner-operator ready to stop paying rent or an investor seeking a proven commercial address - this is the one.

Sold data

Homes in Markham (Commerce Valley) — recent sold market

Homes in Markham (Commerce Valley) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 43, across 835 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.

The median sale price was $1,024,990.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 29% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$1,024,990
Sale-to-list ratio
97.5%
Sold above asking
29%

Based on 835 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Markham (Commerce Valley)

Markham (Commerce Valley) has 95 Fraser Institute–rated schools (76 elementary and 19 secondary), averaging 7.9/10.

Rated schools
95
Elementary
76
Secondary
19
Average rating
7.9 / 10

Top-rated schools in Markham (Commerce Valley)

  • St. Augustinesecondary, MarkhamFraser rating 10.0/10
  • E T Crowleelementary, MarkhamFraser rating 9.5/10
  • Pierre Elliott Trudeausecondary, MarkhamFraser rating 9.5/10
  • Sainte-Marguerite-Bourgeoyselementary, MarkhamFraser rating 9.5/10
  • Ashton Meadowselementary, MarkhamFraser rating 9.4/10
  • Castlemoreelementary, MarkhamFraser rating 9.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near A18 & A19 - 505 HIGHWAY 7 E