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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Markham
Unit 288&290 at 505 Highway 7 Road East
Professional office unit for sale in Commerce Gate Plaza. Bright space with outside window view, located in a high-end office environment. Excellent access near Highway 404 and Highway 407.Free parking with both underground and surface spaces. Surrounded by restaurants, banks, law firms, accounting offices, and other professional businesses. Ideal for investors or owner-users.
Markham office priced at $559,900 — book a tour to see if it fits your search.
Inside 505 Highway 7 Rd E #288&290
Every detail from the listing, in one place.
Type
Office
Lot size
0.00 x 0.00 Feet
Features & systems
Lot & land
Lot dimensions
0.00 x 0.00 Feet
Lot size (sqft)
0
Listing & possession
Property class
Office
505 Highway 7 Rd E #288&290 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13228006$559,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 505 Highway 7 Rd E #288&290 Compares to the Markham Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 505 Highway 7 Rd E #288&290. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Book a tour of 505 Highway 7 Rd E #288&290 with a licensed buyer's agent
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Zara · AI virtual agent
Ask about 505 Highway 7 Rd E #288&290 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio99.4%On average, homes sold below asking.
Active listings1,544Homes for sale here right now.
Median vs prior 90 days+3.5%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 1,307 sales from Jul 25 – Oct 23, 2026 (809 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
How much is 505 Highway 7 Rd E #288&290 listed for?
505 Highway 7 Rd E #288&290 is listed at $559,900 (MLS® N13228006). Summitly updates the price as soon as the MLS® record changes.
Has the price of 505 Highway 7 Rd E #288&290 changed?
No — 505 Highway 7 Rd E #288&290 is still listed at its original asking price of $559,900.
How many bedrooms and bathrooms does 505 Highway 7 Rd E #288&290 have?
The listing for 505 Highway 7 Rd E #288&290 doesn't publish its bedroom and bathroom count. It is a commercial property in Markham.
Is 505 Highway 7 Rd E #288&290 close to transit?
The nearest rapid-transit station is Langstaff GO Station (Richmond Hill GO), about 3.0 km in a straight line. Richmond Hill GO Station is about 4.8 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 505 Highway 7 Rd E #288&290 compare with other homes in Markham?
Its asking price of $559,900 is about 49% below the median sold price in Markham over the last 90 days, $1,099,000, across 1,307 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.
Has 505 Highway 7 Rd E #288&290 been sold before?
Summitly has no earlier MLS® sale or lease of 505 Highway 7 Rd E #288&290 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 505 Highway 7 Rd E #288&290?
505 Highway 7 Rd E #288&290 is in Markham, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 505 Highway 7 Rd E #288&290 been on the market?
143 days — 505 Highway 7 Rd E #288&290 was listed on June 2, 2026.
What is the lot size of 505 Highway 7 Rd E #288&290?
The lot measures 0.00 × 0.00 Feet, as published in the listing.
What is the land transfer tax on 505 Highway 7 Rd E #288&290?
About $7,673 in Ontario land transfer tax at the asking price of $559,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 505 Highway 7 Rd E #288&290 or make an offer?
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.
What is the property tax for 505 Highway 7 Rd E #288&290?
The listing for 505 Highway 7 Rd E #288&290 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Markham.