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 $299,000 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 electric forced air heating
Description
Located at the prestigious Shops on Yonge - World on Yonge Complex at the high-traffic intersection of Yonge & Steeles, this fully renovated corner retail unit offers exceptional visibility and exposure on the 2nd floor. Positioned within one of the GTA's most dynamic mixed-use commercial and residential destinations, the unit is directly connected to four residential towers, generating constant foot traffic and a vibrant daily customer base. The space benefits from excellent accessibility, with four convenient access points, including two outdoor entrances, one entrance from the main shopping center, and direct connection to the residential area, ensuring steady pedestrian flow from multiple directions. Surrounded by key amenities such as banks, supermarkets, a busy food court, Liberty Suites Hotel, and numerous retail services, this location offers an ideal environment for a wide range of businesses. The complex also features ample underground parking for both tenants and visitors, providing easy access for customers. With the future Yonge-Steeles subway extension planned nearby, this prime commercial location is poised for even greater accessibility and long-term growth. This is a rare opportunity to secure a high-exposure retail space in one of the most active commercial hubs in the area.
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Pricing & Value Insights
Data-driven valuation for 7181 Yonge Street 104, Markham, ON L3T 0C7
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About Purchasing a Home in Markham, ON
For a property listed at $299,000 in Markham, the legal minimum down payment is $14,950 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 $2,960 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 $2,960.
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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.