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MLS® N12418230
Markham, ON
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.
Broker
HOMELIFE/BAYVIEW REALTY INC.
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Commercial Retail
5775 Highway 7 E Markham
Markham
Type
Commercial Retail
Parking
Outside/Surface
Property Tax
~$21,002/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
1800 sqft
Parking
Outside/Surface
Finances
List Price
$2,498,000
Price per SQFT
$1,388/sqft
Property Tax
~$21,002/yr
Property Specs
Property Type
Commercial Retail
MLS Size
1800 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
Markham
Listed On
Sep 22, 2025
Major Highway
Public Transit
Days on Market
Current: 411 days
Room information is not available for this listing.
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