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For saleMLS® N13732450

3255 Highway 7 E 131, Markham, ON L3R 3P9

Buttonville · L3R 3P9

$580,000

$721 / sq ft

2 months on market

Total area
804 sf
0

What's special

  • Plaza garage
  • Yes

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About this property

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.

Property details

Property

Property type
retail
Interior size
804 sq ft
Zoning
Commercial/Retail
Possession
FLEXIBLE

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Plaza

Costs

List price
$580,000
Property taxes
$7,337 / year (2025)
Price per sq ft
$721

Listing

MLS® number
N13732450
Status
For sale
Listed
September 1, 2026
Days on market
64
Last updated
September 1, 2026
Listing brokerage
HOMELIFE LANDMARK RH REALTY

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 55% of comparable retail listings in Buttonville are asking less.

$251KMedian $560K$1.01M
This home
$721 / sq ft
Comparable median
$734 / sq ft

Based on 20 comparable active retail listings in Buttonville. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.7% · minimum $33,000
$33,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,024.46
Property tax (est.)
$611.43
Estimated monthly
$3,636

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$8,075
Total due on closing
$8,075

An estimate on the asking price of $580,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMELIFE LANDMARK RH REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$580,000

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