7181 Yonge Street, Unit 297, Markham, ON

$125,000
MLS#:N13584408
0 beds
0 baths
Commercial
Commercial for sale - 0 Bed, 0 Bath Home at 7181 Yonge Street Markham ON listed at $125,000 (MLS# N13584408) - Main View
For Sale
Added:Jul 20, 2026(54 days ago)
Updated:Jul 20, 2026(54 days ago)
Last Checked:19 minutes ago

Property Highlights

Welcome to this remarkable commercial retail located in the coveted neighborhood of Thornhill. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $125,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Spacious lot size measured in Feet
  • Convenient underground garage included
  • equipped with yes central cooling and highly efficient gas forced air open heating

Description

Prime commercial retail/office unit at World on Yonge. Located in a two-storey indoor mall at Yonge & Steeles, with future Yonge subway expansion nearby. Connected to four condo towers and a hotel, offering access to 300+ shops, restaurants, food court, supermarket, and ample underground parking. Ideal for professional office, service, or retail uses. Desirable location and conveniently located near washrooms and common areas.

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Property Summary

This commercial retail located at 7181 Yonge Street, Markham is currently for sale and has been available on SousaSells for 54 days. This property is listed at $125,000 with an estimated mortgage of $416* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 7181 Yonge Street, Markham is in the Thornhill neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Thornhill, Markham.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Commercial Retail architecture in Thornhill, Markham
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Property Type
Commercial

Additional Details

StatusActive
Price$125,000
AddedJul 20, 2026 (54 days ago)
UpdatedJul 20, 2026 (54 days ago)
Last Checked19 minutes ago
Transaction TypeFor Sale
List Office NameHOMELIFE/MIRACLE REALTY LTD

Property Details

Property Sub-TypeCommercial Retail
CountyYork
Annual Tax$2,011.29
Legal Description297-7181 Yonge st. YRSP 1247, Level 2, Unit 97

Parking & Garage

Garage TypeUnderground

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingYes

Features

Property Features

None listed

Interior Features

None listed

Security Features

  • Yes

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Markham Home Buyer Advisory & Market HubActive MLS® Listing in Markham, Ontario

Looking to Buy a Home in Markham?

If you are looking for a house in Markham or researching Markham real estate for sale, this commercial retail at 7181 Yonge Street, Unit 297, Markham, ON offers an exceptional opportunity to buy a home in Markham, Ontario. Whether you are a first-time Markham home buyer or comparing active Markham MLS® homes for sale, working with a dedicated Markham buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Markham Homes for Sale & MLS® Listings

Browse all verified Markham real estate listings, compare active Markham houses for sale, and view brand new MLS® inventory before it hits the open market.

Dedicated Markham Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Markham realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Markham Buyer Budget & Costs

Estimated mortgage: $416*/month*. Estimated Ontario Land Transfer Tax: $975. First-time Markham home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Markham

Frequently Asked Questions about 7181 Yonge Street, Unit 297, Markham, ON

Q.What is the asking price for 7181 Yonge Street, Unit 297, Markham, ON ?

The current listing price for 7181 Yonge Street, Unit 297, Markham, ON in Thornhill, Markham is $125,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and null bathrooms.

Q.What property type and architectural style is 7181 Yonge Street, Unit 297, Markham, ON ?

7181 Yonge Street, Unit 297, Markham, ON is a Commercial Retail () featuring a basement.

Q.What security features are installed at 7181 Yonge Street, Unit 297, Markham, ON ?

Security features include: Yes.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via Yes.

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Location

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7181 Yonge Street, Unit 297, Markham, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Thornhill, Markham

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents95 incidents / yr
Average Per Month7.9 incidents / mo
Population Benchmark48,000 residents
Personal Safety
Very Low

18 assaults (37.5/100k)

Property Security
Very Low

20 B&E (41.7/100k)

Auto Theft Risk
Moderate

34 thefts (70.8/100k)

1-Year Trend
â–¼ 5.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 7181 Yonge Street 297, Markham, ON L3T 0C7

Estimated Sales Range
$119,000 - $123,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

Configure Loan Settings

Interest Rate4.00%
Down Payment$37,500 (30.0%)
* Minimum Canadian down payment required for this price is $6,250.
Amortization Period30 Years
Estimated Monthly Payment$416Based on a loan of $87,500 over 30 years.
Purchase Price$125,000
Loan Amount$87,500
Provincial Land Transfer Tax:$975
Total Estimated Closing Taxes:$975

About Purchasing a Home in Markham, ON

For a property listed at $125,000 in Markham, the legal minimum down payment is $6,250 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $975 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $975.

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Thornhill, Markham Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Thornhill, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,447,069

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Best Schools in Thornhill, Markham

Elementary Schools

Sainte-Marguerite-Bourgeoys
Public111 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C1
9.5
E T Crowle
Public
9.5
Ashton Meadows
PublicButtonville, Markham, Ontario
9.4
Castlemore
Public1580, Markham, Ontario
9.2
Stonebridge
PublicStonebridge Drive, Markham, Ontario, L6C 2Z8
9.1

Secondary Schools

St. Augustine
Catholic2188 Rodick Road, Buttonville, Markham, Ontario, L6C 1S3
10.0
Pierre Elliott Trudeau
Public90 Bur Oak Avenue, Markham, Ontario, L6C 2E6
9.5
Markville
Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5
9.0
Bur Oak
Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4
8.9

Thornhill, Markham Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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