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For saleMLS® N13785522

505 Highway 7 E A26 & A27, Markham, ON L3T 7T1

Commerce Valley · L3T 7T1

$1,380,000

$1,659 / sq ft

1 months on market

Bathrooms
1
Total area
831.76 sf

What's special

  • Outside/surface garage
  • Yes

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About this property

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.

Property details

Property

Property type
retail
Bathrooms
1
Interior size
831.76 sq ft
Zoning
BC
Possession
60/90/TBA

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$1,380,000
Property taxes
$3,379 / year (2025)
Price per sq ft
$1,659

Listing

MLS® number
N13785522
Status
For sale
Listed
September 15, 2026
Days on market
51
Last updated
September 15, 2026
Listing brokerage
SAM MCDADI REAL ESTATE INC.

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 above most comparable listings — about 88% of comparable retail listings in Markham are asking less.

$126KMedian $480K$1.40M
This home
$1,659 / sq ft
Comparable median
$720 / sq ft

Based on 95 comparable active retail listings in Markham. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.2% · minimum $113,000
$113,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,005.46
Property tax (est.)
$281.58
Estimated monthly
$7,287

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
$24,075
Total due on closing
$24,075

An estimate on the asking price of $1,380,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of SAM MCDADI REAL ESTATE INC.. 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.

$1,380,000

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