12 Main Street N, Markham, Ontario, Canada, L3P1X2

2,200,000
for Sale

About the property:

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.

Extra info:

2 Fridges, All Window Coverings, All Electric Light Fixtures, Central Air Conditioning. Heating and air conditioning on the top floor. Basement Furnace (2020), roof(2023), washer and dryer, microwave, Filing Cabinet, desks, chairs, computer screens, two TV screens mounted on Wall, Video surveillance system with 7 external cameras and computer monitor
Commercial Retail false
Property Type:
Commercial Retail
Status:
for Sale
Land Size:
49.5 x 117 FT
Business Type:
Retail Store Related
Heating Type:
Gas Forced Air Closed
Cross Street:
Highway 7 / Main
Annual Property Taxes:
18,277.83
Listing ID:
N13606700

Rooms

Dimensions

Brokered by:
Homelife Broadway Realty Inc.
Source: TRREB/PROPTX
Presented By:

Alfred Yue

Sales Representative

HomeLife Broadway Realty Inc., Brokerage*