7181 Yonge Street, Markham, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Grandview. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $638,888 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 electric forced air heating
Description
New Update: both option available : immediate vacancy available or current tenant stay with the new buyer consents or leave before closing. Lowest price from original listing price to sell, Don't miss this opportunity . Current Physiotherapy active, busy clinic, lease up to July 19, 2028, with rental income of $4,633.00 HST included. Prime location, on Yonge/Steeles "world on Yonge "with a lot of free visitor parking, Greatest complex in Thornhill, facing to street, and directly visible from two residential towers and next to the entrance door to the Mall, "shops on Yonge," over 500 shops, Food Court, Season Supermarket Bank, Offices, Restaurants, Liberty Suite Hotel, Family Physicians, Pharmacy, accountants, lawyers office and four residential Towers, Sub-lease to buy within one year option is also available.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7181 Yonge Street 2, Markham, ON L3T 0C7
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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 $638,888 in Markham, the legal minimum down payment is $38,889 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 $9,253 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 $9,253.
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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.