7181 Yonge Street, Markham, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Thornhill. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $158,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient underground garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Great opportunity to acquire a main floor commercial unit (315 sq. ft.) in the prestigious World on Yonge mixed-use complex at Yonge & Steeles. This unit is ideal for retail, professional office, wellness, or a wide range of service-oriented businesses. Currently leased to an AAA Tenant (well-established wellness clinic), generating $1,200/month + HST, offering immediate, stable cash flow. Tenant Can Leave With Notice If Purchaser needs the unit for self use. World on Yonge is a vibrant mixed-use destination combining retail, restaurants, a food court, offices, a hotel, and residential towers. The mall is directly connected to four residential towers with over 1,200 residents and anchored by major tenants including RBC, a supermarket, a pharmacy, restaurants, and a variety of retail and professional services, ensuring consistent daily traffic. Excellent accessibility with TTC, Viva Transit, and Highway 407 just minutes away. Condo Fees: $425.05/month. Property Taxes: $3,000.35/year. Do not miss the Opportunity to Own A Great Commercial Turnkey investment in one of Thornhill's most established mixed-use developments.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Security Features
Yes
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7181 Yonge Street 130, Markham, ON L3T 0C7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.
Configure Loan Settings
About Purchasing a Home in Markham, ON
For a property listed at $158,000 in Markham, the legal minimum down payment is $7,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,305 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,305.
Nearby Listings
No current listings found in Markham.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Thornhill, Markham.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.