3255 Highway 7 E
Markham, Ontario






Sqft
804
Type
Commercial/Retail
About this Property
Excellent Investment Opportunity At Prestigious First Markham Place! Prime Commercial Unit Featuring Two Stable Long-Term Tenant (131 & 131A) Currently Paying $3,200/Month Net Rent. Tenant Responsible For TMI, Providing Strong And Predictable Cash Flow For Investors. Outstanding 6.62% Cap Rate. Located In One Of Markham's Most Recognized And High Traffic Commercial Destinations With Over 170+ Retail Stores, Restaurants, Services & Food Court Vendors. Exceptional Exposure In A Busy Mixed-Use Commercial Hub Popular With Both Local & Regional Visitors. Conveniently Situated Along Highway 7 Between Woodbine Ave & Warden Ave With Quick Access To Hwy 404 & Hwy 407. Easily Accessible By YRT/Viva Transit Routes. Surrounded By Dense Residential Communities, Office Buildings, Hotels, Restaurants, Banks & Major Amenities. Excellent Long-Term Investment Potential In A Highly Desirable And Continuously Growing Markham Commercial Corridor.
Listing Details
- MLS #
- N13732450
- Board
- PROPTX
- Market
- ontario
- Property Type
- Commercial/Retail
- Style
- Retail
- Garage
- Plaza
- Basement
- N
- Heating
- Gas Forced Air Closd
- Cooling
- Y
- Annual Taxes
- $7,337/yr
- Listed By
- HOMELIFE LANDMARK RH REALTY
- Listed On
- September 1, 2026
Features & Extras
Extras
Buyer to assume existing tenants. 131 & 131A currently paying total of $3200/month Plus TMI. 131 Lease at $1700/month until 30/04/2027 with 5 year renewal option and 131A until 31/12/2029 at monthly rent of $1650/month after 01/01/2027.
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