A26 & A27 - 505 HIGHWAY 7 E, Markham (Commerce Valley)

$1,380,000

For sale: Other

Other at A26 & A27 - 505 HIGHWAY 7 E, Markham (Commerce Valley)
Property type
Commercial Retail
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® N13785522
Neighbourhood
Commerce Valley

Welcome to 505 Highway 7 East, Units A26 & 27, a strategic address in the heart of Markham's bustling business corridor. Rare corner units with many display windows facing busy Highway 7 offer plenty of street level exposure. Offering BC zoning, this combined double-unit provides flexibility for medical, dental, professional, retail, or service-based businesses. The layout is thoughtfully designed to provide versatility, functionality and elegance. A welcoming lobby and reception area set the stage for a professional first impression, while multiple private commercial rooms/offices allow for a variety of uses, whether its consultation rooms, treatment spaces, or staff work areas. A dedicated staff area, office, and washroom make it easy to run daily operations smoothly. With a spacious interior, this unit balances efficiency with comfort. Clients will appreciate the convenience of being along the highly visible Hwy 7 strip, surrounded by restaurants, shopping, medical offices, and easy access to Hwy 404, Hwy 407, and public transit. The plaza also provides ample parking, ensuring a hassle free visit for both staff and visitors. Monthly condo fees include common area maintenance, indoor/outdoor parking, and mall security. For buyers, this property offers a turnkey opportunity to step into one of Markham's most recognizable commercial hubs with space designed for growth, visibility, and client satisfaction.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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

Homes for sale near A26 & A27 - 505 HIGHWAY 7 E