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12 Main Street N, Markham, ON L3P 1X2

Markham, ON

$2,200,000
MLS® #: N13606700
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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.

Quick Details

BedsN/A
BathsN/A
TypeCommercial
Sq Ft0
Taxes$18,278
BOOK A SHOWING

Comprehensive Property Details

Assessment Year 2025
Basement Y N Yes
Building Area Total 2516
Building Area Units Square Feet
Chattels Y N Yes
City Region Old Markham Village
Co List Office Name HOMELIFE BROADWAY REALTY INC.
Contract Status Available
Country CA
County Or Parish York
Cross Street Highway 7 / Main
D D F Y N Yes
Directions The 3rd Building North of Highway 7 on the East side
Expiration Date 2027-04-30
Franchise Y N No
Freestanding Y N Yes
Garage Type Outside/Surface
Heat Type Gas Forced Air Closed
Internet Address Display Y N Yes
Internet Entire Listing Display Y N Yes
List A O R Toronto Regional Real Estate Board
List Office Name HOMELIFE BROADWAY REALTY INC.
List Price Unit For Sale
Lot Depth 117
Lot Size Area Units SquareFeet
Lot Size Source MPAC
Lot Size Units Feet
Lot Type Lot
Lot Width 49.5
Mls Status New
Occupant Type Owner+Tenant
Office Apartment Area 100
Office Apartment Area Unit %
Parcel Number 029100049
Parking Spaces 7
Percent Building 100
Possession Details TBA
Possession Type Flexible
Postal Code L3P 1X2
Property Sub Type Commercial Retail
Property Use Multi-Use
Retail Area 100
Retail Area Code %
Roll Number 193604030000700
Sign On Property Y N No
Standard Status Active
State Or Province ON
Street Dir Suffix N
Street Name Main
Street Number 12
Street Suffix Street
Tax Type Annual
Tax Year 2025
Transaction Type For Sale
Vendor Property Info Statement No
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