Unit 86 — 505 Highway 7 E
Commerce ValleyMarkham, ONL3T 7T1Near Highway 7 & Leslie
- 364 sqft
3 upcoming open houses
Drop in during an open house, or tour online — no appointment needed.
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What this listing tells us
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.
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
- Own a high-performing asset in one of Markham's busiest plazas!
Listing, price, and tax history
Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| May 29, 2026 | ListedCurrent | For sale | $568,888 | — | N13213742 | This page |
| Jul 11, 2025 | Previously listed | New | $188,000 | — | N12279669 | View |
| Jun 14, 2025 | Previously listed | Ter | $299,888 | — | N12221230 | View |
| Apr 7, 2025 | Previously listed | Ter | $350,000 | — | N12067498 | View |
| Mar 26, 2025 | Previously listed | Ter | $588,688 | — | N12043953 | View |
| Dec 20, 2024 | Previously listed | Ter | $668,888 | — | N11899288 | View |
| Aug 28, 2024 | Previously listed | Ter | $358,000 | — | N9282190 | View |
| Aug 28, 2024 | Previously listed | Ter | $698,000 | — | N9282189 | View |
| Aug 9, 2024 | Previously listed | Ter | $998,000 | — | N9247222 | View |
Inside this property
Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.
Features & systems
Heating, cooling, parking, exterior, lot, possession, and more.
Systems
4- Heating
- Gas Forced Air Open
- Air conditioning
- Yes
- Water source
- Municipal
- Sewer
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
The money — monthly cost, mortgage & return
Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.
Cost of ownership
A monthly snapshot at typical assumptions — personalize the mortgage just below.
How this home sits in the Markham market
Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.
The Markham market right now
Average sold price, days on market, and closed-transaction count for Markham — sourced from MLS®.
- Avg sold price$1,158,677Last 30 days
- Median sold price$1,100,000Middle of the market
- Days on market28 dAvg from list to close
- Closed last 30d873MLS® transactions
We'll get you into Unit 86 — 505 Highway 7 E — the seller pays our commission
On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.
$0 to you. The seller pays our fee.
On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.
Property flags & disclosures
An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 86 — 505 Highway 7 E and found nothing flagged. We re-check automatically as new records publish.
Common questions about this property
Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.
How much is Unit 86 — 505 Highway 7 E listed for?
Unit 86 — 505 Highway 7 E is listed at $568,888 on the MLS® (listing N13213742). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does Unit 86 — 505 Highway 7 E have?
Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.
