12 Main Street N Markham, Ontario L3P 1X2
$2,200,000
THE CORNER OF HERITAGE & OPPORTUNITY Prime Commercial Property For Sale - Old Markham Village. Markham Rd (Main St) & Highway 7. Welcome to the crown jewel of Old Markham Village-a designated historic building commanding the busiest intersection in one of Ontario's fastest-growing communities. Positioned directly on the corner of Main Street and Highway 7, this is not merely a building; it is a landmark, a destination, and a golden ownership opportunity. LOCATION: Highway 7 delivers 40,000+ daily commuters, while Main Street offers charming foot traffic from locals and tourists. Your brand captures mass exposure and boutique village patronage-a marketing dream. FINANCIAL ADVANTAGE: As a designated historic property, you qualify for about 18-20% Heritage Property Tax Reduction on municipal and education taxes-saving you about $2,000-$3,000 annually. Over a decade, that's up to about $30,000 in pure savings directly boosting your ROI.VERSATILE ZONING Fully approved for Commercial Office and Restaurant use-no speculative waiting. Currently operating as medical clinics with 4 established physicians, providing immediate rental income and a seamless transition. Restaurateurs capture dinner crowds; professionals gain 24/7 brand visibility and client-trusting heritage ambiance.7 EXCLUSIVE PARKING SPACES In a village where street parking is scarce, these 7 spaces are a strategic asset-driving higher property value and tenant demand. INVESTMENT THESIS: This is a recession-resistant, appreciating asset. Historical designation prevents over-development, protecting your value. With premium rent potential, tax rebates lowering hold costs, and surging Markham land values, this trophy asset offers exceptional long-term equity growth. WHY WAIT? Properties like this rarely hit the open market. Secure your flagship restaurant, expand your practice, or diversify with a generational asset today. (id:50787)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
Property Details
| MLS® Number | N13606700 |
| Property Type | Retail |
| Community Name | Old Markham Village |
| Amenities Near By | Public Transit, Recreation |
| Equipment Type | Water Heater |
| Parking Space Total | 7 |
| Rental Equipment Type | Water Heater |
Building
| Appliances | Dryer, Microwave, Washer, Window Coverings |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Baseboard Heaters |
| Size Interior | 2,516 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Size Depth | 117 Ft |
| Size Frontage | 49 Ft ,6 In |
| Size Irregular | 49.5 X 117 Ft |
| Size Total Text | 49.5 X 117 Ft |
| Zoning Description | Mu-hms |
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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
July 26 2026 05:32:32
Toronto Regional Real Estate Board
Homelife Broadway Realty Inc.