A18 & A19 - 505 HIGHWAY 7 E, Markham (Commerce Valley)
$659,000
For sale: Other
- 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 Commerce Valley — recent sold market
Homes in Commerce Valley took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 49, across 33 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $609,000.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 21% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
- Median days to sell
- 25
- Median sale price
- $609,000
- Sale-to-list ratio
- 96.8%
- Sold above asking
- 21%
Based on 33 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. 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. Augustine — secondary, MarkhamFraser rating 10.0/10
- E T Crowle — elementary, MarkhamFraser rating 9.5/10
- Pierre Elliott Trudeau — secondary, MarkhamFraser rating 9.5/10
- Sainte-Marguerite-Bourgeoys — elementary, MarkhamFraser rating 9.5/10
- Ashton Meadows — elementary, MarkhamFraser rating 9.4/10
- Castlemore — elementary, MarkhamFraser rating 9.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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$579,000
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