Own a high-performing asset in one of Markham's busiest plazas! Benefit from steady and HIGH rental income from a long-term tenantoperating a well recognized bubble tea brand. The unit faces the heart of the parking lot, offering plenty of foot traffic, and includes awashroom facility. With high-density residential and business surroundings, plus easy access to Highways 404 and 407, Commerce Gate is apopular destination for foodies! AAA Tenant pays high Rent + TMI + HST and all utilities. Minimal management required. Lease terms to benegotiated.
505 Highway 7 N/A E 86
Commerce Valley, Markham, York $568,888Make an offer
Plaza
Garage
Zoning: Retail/Commercial
- MLS®#:
- N13213742
- Property Type:
- Commercial Retail
- Property Style:
- Area:
- York
- Community:
- Commerce Valley
- Taxes:
- $2,931.07 / 2025
- Added:
- May 29 2026
- Lot Frontage:
- 0
- Lot Depth:
- 0
- Status:
- Active
- Outside:
- Year Built:
- Brokerage:
- CENTURY 21 ATRIA REALTY INC.
- Intersection:
- Highway 7 & Leslie
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Yes
- Heating Type:
- Gas Forced Air Open
- Heating Fuel:
Listing Details
Insights
- High Rental Income: The property generates steady and high rental income from a long-term tenant operating a well-known bubble tea brand, ensuring a reliable cash flow for investors.
- Prime Location: Situated in one of Markham's busiest plazas with high foot traffic, the unit benefits from its visibility and accessibility, attracting a diverse customer base.
- Minimal Management Required: With an AAA tenant covering rent, TMI, HST, and utilities, the property requires minimal management, making it an attractive option for passive investors.
Neighborhood Overview
Complete neighborhood profile for 505 Highway 7 N/A E 86
Commerce Valley home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in Commerce Valley
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
