12 Main Street N,Markham, ON L3P 1X2
Markham, ON L3P 1X2
Description
THE CORNER OF HERITAGE & OPPORTUNITY Prime Commercial Property For Sale - Old Markham Village. Markham Rd (Main St) & Highway 7. Welcome to the crown jewel of Old Markham Village-a designated historic building commanding the busiest intersection in one of Ontario's fastest-growing communities. Positioned directly on the corner of Main Street and Highway 7, this is not merely a building; it is a landmark, a destination, and a golden ownership opportunity. LOCATION: Highway 7 delivers 40,000+ daily commuters, while Main Street offers charming foot traffic from locals and tourists. Your brand captures mass exposure and boutique village patronage-a marketing dream. FINANCIAL ADVANTAGE: As a designated historic property, you qualify for about 18-20% Heritage Property Tax Reduction on municipal and education taxes-saving you about $2,000-$3,000 annually. Over a decade, that's up to about $30,000 in pure savings directly boosting your ROI.VERSATILE ZONING Fully approved for Commercial Office and Restaurant use-no speculative waiting. Currently operating as medical clinics with 4 established physicians, providing immediate rental income and a seamless transition. Restaurateurs capture dinner crowds; professionals gain 24/7 brand visibility and client-trusting heritage ambiance.7 EXCLUSIVE PARKING SPACES In a village where street parking is scarce, these 7 spaces are a strategic asset-driving higher property value and tenant demand. INVESTMENT THESIS: This is a recession-resistant, appreciating asset. Historical designation prevents over-development, protecting your value. With premium rent potential, tax rebates lowering hold costs, and surging Markham land values, this trophy asset offers exceptional long-term equity growth. WHY WAIT? Properties like this rarely hit the open market. Secure your flagship restaurant, expand your practice, or diversify with a generational asset today.
Details
| MLS # | N13606700 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 85 |
| Listing Provided By | HOMELIFE BROADWAY REALTY INC. | N13606700 079200 |
Features
| SQ Feet | 2,516 |
|---|---|
| Acreage | 0.06 |
Interior
| Cooling | Yes |
|---|
Exterior
| Community Features | Public Transit, Recreation/Community Centre |
|---|---|
| Security Features | No |
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 18277.83 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | York |
| City | Markham |
| Postal Code | L3P 1X2 |
| Area | Old Markham Village |
| Listing VS Median (in L3P 1X2) | |
Price: $2,200,000 low | high Med: $2,200,000 sqft: 2,516 low | high Med: 2,516 $ / sqft: $874 low | high Med: $874 On site: 85 low | high Med: 85 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | York |
| City | Markham |
| Postal Code | L3P 1X2 |
| Area | Old Markham Village |
| Listing VS Median (in L3P 1X2) | |
Price: $2,200,000 low | high Med: $2,200,000 sqft: 2,516 low | high Med: 2,516 $ / sqft: $874 low | high Med: $874 On site: 85 low | high Med: 85 | |
 | $1,650,00010 Centre StreetMarkham, ON L3P 2N8 |