505 Highway 7 E, Unit 86
505 Highway 7 E, Unit 86
$568,888
$1,563/sq ft · 71 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $2,479 |
| Property Tax (MLS) | $244 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $2,723 |
Down payment: $113,778 (20.0%) · Mortgage: $455,110
Property tax uses MLS annual tax of $2,931/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
Listing provided by CENTURY 21 ATRIA REALTY INC.
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Data last updated: August 23, 2026 at 06:25 a.m.