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38-44 - 505 HIGHWAY 7 E, Markham, Ontario, L3T 3T1

MLS® # N10417091
Commercial For Sale In Commerce Valley, Markham, Ontario
$500,000
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
38-44 - 505 Highway 7 E, Markham, ON
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ACTIVE
38-44 - 505 HIGHWAY 7 E, Markham, Ontario, L3T 3T1
$500,000

Property Information:

Well Established Kids Playground & Cafe With Exposure On Highway 7 Locates In Busy ""Commerce Gate"" Plaza, Lot Of $$$ Spent On Existing Improvements With Functional Kitchen For Future Business Expansion. Existing Set Up With Safeguards Reception, Lockers, Open Playground With Lot Of Built-In Facilities, Party Room. Easy Access With Elevator To the Unit Floor, Ample Surface & Underground Parking. Asking Price Does Not Include The Trade Name Of The Business (Negotiable). **** EXTRAS **** 2024 Monthly Rent $20623.88 (Included Base Rent, TMI & HST) (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Farm Type: Other
  • Features: Elevator
  • Zoning: Commercial
  • Sewer: Sanitary sewer

Courtesy of: CENTURY 21 ATRIA REALTY INC.

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 38-44 - 505 HIGHWAY 7 E, Markham, Ontario, L3T 3T1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 38-44 - 505 HIGHWAY 7 E , experiences 7 hot days per year at around 31.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35 degrees Celsius.

Projected Avg. Temperature

Past
31.4℃
2050
35℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

56/100

Moderate

ClimateCheck®

Current data

This property, 38-44 - 505 HIGHWAY 7 E , experiences 11 significant 2-day storms per year, with about 296.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 368.2mm of precipitation per year.

Precipitation Per Storm

Past
296.3mm
2050
368.2mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 38-44 - 505 HIGHWAY 7 E, Markham, Ontario, L3T 3T1

Life Stage

Midlife Families

Employment Type

Service Sector/White Collar

Average Household Income

$99,028.21

Average Number of Children

1.31

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.08 %

High school certificate or equivalent

24.46 %

Apprenticeship trade certificate/diploma

2.37 %

College/non-university certificate

15.84 %

University certificate (below bachelor)

1.94 %

University Degree

43.32 %

Commuter

Travel To Work

By Car

86.48 %

By Public Transit

6.2 %

By Walking

5.0 %

By Bicycle

0.0 %

By Other Methods

2.32 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

76.98 %

Houses

23.02 %

Own Vs. Rent

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