For SaleCommercial Retail

505 Highway 7 E, Unit A18 & A19

$659,000
1 Bath486 sqft$1,356/sq ft125d on market
MLS# N12958652Commerce Valley, Markham · L3T 7T1
Bedrooms
Bathrooms
1 Bath
Size
486 sq ft
Parking
None

About This Listing

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.

Monthly Mortgage (P&I)$2,871
Property Tax (MLS)$168
Maintenance Fees$0
Total Monthly Cost$3,039

Down payment: $131,800 (20.0%) · Mortgage: $527,200

Property tax uses MLS annual tax of $2,011/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberN12958652
Property TypeCommercial Retail
StyleCommercial Condo
Listing TypeFor Sale
StatusActive
Bathrooms1
Size486 sq ft
Parking TypeOutside/Surface
Property Tax$2,011.29/yr
Days on Market125
Listed2026-04-05
CommunityCommerce Valley
MunicipalityYork
Cross StreetHwy 7/Commerce Valley Dr W

Listing provided by JDL REALTY INC.

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Data last updated: August 23, 2026 at 12:25 p.m.