158 Main Street, Markham, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Unionville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,500,000 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
- Premium 44.42 x 121.11 ft lot size
- equipped with no central cooling and highly efficient gas forced air open heating
Description
Prime corner commercial property located in the heart of historic Unionville, Markham, one of the GTA's most vibrant and pedestrian-friendly retail destinations. Surrounded by charming heritage buildings, boutique shops, and year-round foot traffic, this location offers outstanding exposure and visibility.Positioned on a premium corner lot, the property benefits from excellent street presence and strong pedestrian flow from multiple directions-ideal for businesses seeking maximum exposure.Zoned for a variety of commercial uses (buyer to verify), perfectly suited for café, boutique retail, or professional services. Please note: restaurant use is not permitted.Existing café permits already in place, with partial interior build-out completed-providing a significant head start and reducing setup time and costs for the next owner.A major highlight is the approved front patio, allowing for a beautifully designed outdoor seating area that will significantly enhance curb appeal, customer experience, and business potential.Opportunities on Main Street Unionville are extremely limited, with very few properties available for sale over the years. This is a rare chance to secure a high-exposure, flexible commercial asset in a tightly held and highly desirable location.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 158 Main Street, Markham, ON L3R 2G9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $2,500,000 in Markham, the legal minimum down payment is $500,000 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 $48,975 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 $48,975.
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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.