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 $1,980,000 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 2 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
Golden Opportunity! Excellent Exposure! "World On Yonge" Is Complex With Residential, Retail, Office, Hotel, Commercial Units. Indoor Retail Shopping Mall With Banks, Supermarket, Restaurant & Directly Connected To 4 High Rise Residential Towers ( Around 1200 Condos Units). Loads Of Underground Parking Available. Opportunity Available To Grow Your Business In An Excellent Location. Three Units (7 & 108 & 109) On the Ground Floor With Total 1900Sqft Can Be Sold Together or Individually, or With Different Combinations. Modern Finished Units With Open Layout Offers Total Seven Functional Rooms, Two Washrooms and One Kitchen. Unit 7 (671-sqft) Has Great Exposure On the Ground Floor With Center Yard Direct Access. Unit 108 & 109 (654-sqft + 665-sqft) Are Next To The Side Entrance To the High Rise Residential Condos. These Three Combined Units Offer An Ideal Setup Ready For Any Retail Or Service-Related Business Such As Office, Dentist, Medical Clinic, Accounting And Much More.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7181 Yonge Street 7 & 108 & 109, 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 $1,980,000 in Markham, the legal minimum down payment is $396,000 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 $36,075 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 $36,075.
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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.