Markham, ON · · MLS® N14117002Updated
$1,630,000
12 Centre St is a commercial in Markham, listed for $1,630,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Rare Investment Opportunity in the Heart of Markham! Own a charming heritage property near Main Street Markham Road, offering an exceptional blend of commercial and residential income potential. This attractive corner building features a ground-floor retail space plus two residential apartments, making it an ideal opportunity for investors seeking a mixed-use asset or end users looking to establish their business while generating rental income.The ground-floor commercial unit is leased at $4,500/month + HST, with a 5-year lease and an additional 5-year renewal option. The residential component includes a 2-bedroom, 1-bathroom apartment with estimated rental potential of $2,800/month and a 1-bedroom, 1-bathroom apartment with estimated rental potential of $2,000/month. All rents are plus water and hydro. Each unit is separately metered for hydro, while water is shared.The existing retail tenant may remain and negotiate a new 5-year lease, or vacate to accommodate another permitted use, subject to applicable approvals. A variety of potential uses may include a veterinary clinic, commercial school, medical or fitness facility, art gallery, professional office, restaurant, retail store and more.Whether you're expanding your investment portfolio, seeking a property with multiple income streams, or envisioning a location for your own business with residential rental income, this versatile heritage property offers outstanding flexibility and long-term potential in a desirable Markham location. A unique opportunity to invest, operate and grow!
Markham commercial priced at $1,630,000 — book a tour to see if it fits your search.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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Closed sales on the TRREB MLS®.
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Listing brokerage: HOMELIFE/BAYVIEW REALTY INC., BrokerageMLS® N14117002 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Other homes for sale in Markham around $1.6M.
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Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 1,351 sales from Jul 28 – Oct 26, 2026 (822 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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12 Centre St is listed at $1,630,000 (MLS® N14117002). Summitly updates the price as soon as the MLS® record changes.
No — 12 Centre St is still listed at its original asking price of $1,630,000.
The listing for 12 Centre St doesn't publish its bedroom and bathroom count. It is a commercial property in Markham.
The nearest rapid-transit station is Markham GO Station (Stouffville GO), about 760 m (about a 9-minute walk) in a straight line. Centennial GO Station is about 2.4 km, and Mount Joy GO Station is about 2.7 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $1,630,000 is about 49% above the median sold price in Markham over the last 90 days, $1,095,000, across 1,351 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 12 Centre St on record from the last two years. Older records aren't shown under TRREB rules.
12 Centre St is in Markham, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
12 Centre St was listed today (October 26, 2026).
About $29,075 in Ontario land transfer tax at the asking price of $1,630,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
The listing for 12 Centre St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Markham.
The listing for 12 Centre St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
