The Jennifer Jones Team, LPT Realty, Brokerage

Markham, ON

505 Highway 7 E

$659,000

Data last updated Nov 1, 2026, 5:10 p.m. ET. By using this site you agree to our Terms of Use.

commercial retail at 505 Highway 7 E, Markham, ON

Property facts

Price
$659,000
Type
commercial retail
Bedrooms
0
Bathrooms
1
Size
486 sq ft
MLS®
N12958652
Status
active
Brokerage
JDL REALTY INC.

About this home

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.

Location

Search the full MLS®

More details

Property tax
$2,011 (2026)
Days on market
211
Style
Commercial Condo
Parking
Outside/Surface
Heating
Gas Forced Air Open
Air conditioning
Yes
Neighbourhood
Commerce Valley
Major intersection
Hwy 7/Commerce Valley Dr W

Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.

About Markham

Markham is a city in York Region. Its Official Plan identifies areas including Markham Village, Unionville, Thornhill, Cornell and Milliken.

Markham market, September 2026

Median sold price
$1,050,000
Avg. days on market
34
Sale-to-list
99.4%

207 residential sales. Source: TRREB MLS® data via PropTx. Aggregates only.

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