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Price ChangeFor Sale

5775 Highway 7 E
Markham, York, ON, L3P 1A5

Commercial Retail
TRREB
MLS® Number: N12418230
$2,498,000List Price
Commercial RetailProperty Type
1,800 sq ftSize
$21,002.37 / 2025Taxes (Annual)
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PRICE CHANGED
$2,498,000
Previously Listed For:
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Listing History

Buy/sell history for 5775 Highway 7 N/A E, Markham, ON L3P 1A5

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Description

Free-standing investment property with prime exposure on Highway 7. Former Tom's Burgers with many permitted uses. 1,800 sf main floor plus 1,500 sf basement. Clean environmental done in 2020. Currently leased to a top brand franchise. Tenant willing to stay or will consider selling the business if purchaser wants vacant possession. Current lease until June 2032 with escalations, with two - 5 year options to renew with strong franchise covenants. New roof shingles, downspouts, all new electrical, and main floor flooring installed in 2022.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$21,002.37 / 2025
Listing #:N12418230
Property Type:Commercial Retail
Size:1,800 sq ft
Land Size:50 x 212
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:HOMELIFE/BAYVIEW REALTY INC.

Rooms

Details

Property

Property Type:Commercial Retail
Community:Bullock
Municipality:York

Building

Size:1,800 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Rooms:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:Hwy 7/Ovida

$2,498,000

List price

5775 Highway 7 E, Markham – Commercial Retail for sale · MLS® # N12418230 | CPRB