7181 YONGE Street, Unit 61, Markham, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Thornhill. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $118,880 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 gas forced air closed heating
Description
Discover an exciting opportunity to own a commercial condominium in the popular World on Yonge mixed-use development.LOCATION, LOCATION, LOCATION is key! Surrounded by residential condominium towers, professional offices, restaurants, retail shops, and everyday amenities, with a growing subway network soon to be on your doorstep, this established destination brings businesses and potential customers together! Enjoy the captive customer base of 4 condo towers with over 1200 residential units, an on-site hotel and over 300 current businesses finding success at this prominent commercial destination. Situated on the second floor of the busy commercial mall, this unit offers an attractive setting for entrepreneurs, professionals, and established business owners looking to build a lasting presence in a dynamic commercial community. Ideal for boutique retail, specialty services, professional offices, or beauty and wellness concepts, subject to permitted uses and condominium regulations.Why rent when you can own? Establish your business, build equity, and secure your place in one of Thornhill's most recognizable mixed-use commercial destinations.
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Property Summary
This commercial retail located at 7181 YONGE Street, Markham is currently for sale and has been available for 2 days. This property is listed at $118,880 with an estimated mortgage of $396* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 7181 YONGE Street, Markham is in the Thornhill neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Thornhill, Markham.
- •Desirable Commercial Retail architecture in Thornhill, Markham
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- Yes
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Markham?
If you are looking for a house in Markham or researching Markham real estate for sale, this commercial retail at 7181 YONGE Street, Unit 61, Markham, ON offers an exceptional opportunity to buy a home in Markham, Ontario. Whether you are a first-time Markham home buyer or comparing active Markham MLS® homes for sale, working with a dedicated Markham buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Markham realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Markham Buyer Budget & Costs
Estimated mortgage: $396*/month*. Estimated Ontario Land Transfer Tax: $914. First-time Markham home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Markham
Frequently Asked Questions about 7181 YONGE Street, Unit 61, Markham, ON
Q.What is the asking price for 7181 YONGE Street, Unit 61, Markham, ON ?
The current listing price for 7181 YONGE Street, Unit 61, Markham, ON in Thornhill, Markham is $118,880.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 7181 YONGE Street, Unit 61, Markham, ON ?
7181 YONGE Street, Unit 61, Markham, ON is a Commercial Retail () featuring a basement.
Q.What security features are installed at 7181 YONGE Street, Unit 61, Markham, ON ?
Security features include: Yes.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Thornhill, Markham
18 assaults (37.5/100k)
20 B&E (41.7/100k)
34 thefts (70.8/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 7181 YONGE Street 61, 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 $118,880 in Markham, the legal minimum down payment is $5,944 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 $914 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 $914.
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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.
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