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 $358,000 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 public garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Prime retail space at Shops on Yonge in the World on Yonge mixed-use development complex. 556 sq ft Retail/Office ideal for end user or investor, suitable for variety of retail/office/business, ground floor inside World/Shop On-Yonge mall, Surrounded by 4 high rise residential condos and a commercial building, Over 300 condos units And 100 stores, Food courts on 2nd flr. Underground supermarket with elevator to ground floor. High traffic Yonge/Steeles area, On the path of approved future subway extension on Yonge St. Close to Hwy7/407/401/404 & all transit. Ample surface & underground parking for visitors and tenants. Enter either by ground flr. or by elevator from "Season Supermarket" underground.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7181 Yonge Street 162, Markham, ON L3T 0C7
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 $358,000 in Markham, the legal minimum down payment is $17,900 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 $3,845 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 $3,845.
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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.