$580,000
( $721.39Per Sq Foot )
 $3,114 est/mo Sourced by Back At You

3255 Highway 7 E 131,Markham, ON L3R 3P9

Markham, ON L3R 3P9

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Description

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.

Details

MLS #N13732450
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site66
Listing Provided ByHOMELIFE LANDMARK RH REALTY | N13732450 341900

Features

SQ Feet804
Acreage0.02

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingYes
Rooms Total0

Exterior

Security FeaturesYes

Utilities

UtilitiesAvailable

Taxes

Tax Annual Amount7337.17
Tax TypeAnnual
Tax Legal DescriptionYork Region Condo Pl902, Level 1 Legal Unit #132
Tax Year2025

Area Information

ProvinceON
CountyYork
CityMarkham
Postal CodeL3R 3P9
AreaButtonville
Listing VS Median (in L3R 3P9)
Price:
$580,000
low | high
Med:
$393,990
82.070689655172% of Average
sqft:
804
low | high
Med:
325
100% of Average
$ / sqft:
$721
low | high
Med:
$1,368
39.576302601507% of Average
On site:
66
low | high
Med:
138
47.826086956522% of Average
Sourced by Back At You

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Learn More About This Property

JESSICA CHRISTINA ALMEIDA

JESSICA CHRISTINA ALMEIDA

Coldwell Banker The Real Estate Centre

 (416) 997-6255jessica.almeida@wearetrec.com
ProvinceON
CountyYork
CityMarkham
Postal CodeL3R 3P9
AreaButtonville
Listing VS Median (in L3R 3P9)
Price:
$580,000
low | high
Med:
$393,990
82.070689655172% of Average
sqft:
804
low | high
Med:
325
100% of Average
$ / sqft:
$721
low | high
Med:
$1,368
39.576302601507% of Average
On site:
66
low | high
Med:
138
47.826086956522% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $435K - $725K
sqft: 603 - 1,000
Nearby Listings Property ImageNearby Listings Details
3255 Highway 7 E 157 Property Photo 1
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3255 Highway 7 E 60 Property Photo 1
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3255 Highway 7 E 60
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3255 Highway 7 E 61 Property Photo 1
$628,000
3255 Highway 7 E 61
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3255 Highway 7 E 32 Property Photo 1
$569,000
3255 Highway 7 E 32
Markham, ON L3R 3P9
Listing Updated: November 5, 2026 at 5:36:43 PM PST