What is the price of this commercial in Markham?

This commercial is currently listed for sale. Contact SousaSells.ca for the most up-to-date pricing information and to schedule a viewing.

What is the square footage of this property?

Square footage information is available upon request. Contact SousaSells.ca for detailed property specifications.

When was this property built?

Year built information is available upon request. Contact SousaSells.ca for complete property details.

How can I schedule a viewing of this property?

You can schedule a viewing by contacting SousaSells.ca directly through our website or by phone. Our experienced agents will arrange a convenient time for you to tour the property.

What type of property is this?

This is a commercial located in Markham.

7181 Yonge Street, Unit 297, Markham, ON

$781/mo

MLS#:N13560216

0 beds

0 baths

Commercial

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Added:Jul 14, 2026(46 days ago)

•

Updated:Jul 20, 2026(40 days ago)

Last Checked:8 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 $781 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. TMI to be paid by the tenant. Total monthly rent is $1,130 including HST, comprised of $781.41 Net Rent and $348.59 TMI. Tenant pays utilities (hydro).

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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 46 days. This property is listed at $781 with an estimated mortgage of $3* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 7181 Yonge Street, Markham is in the Thornhill neighborhood.

* 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

StatusPrice Change

AddedJul 14, 2026 (46 days ago)

UpdatedJul 20, 2026 (40 days ago)

Last Checked8 minutes ago

Transaction TypeFor Lease

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

Community Features

None listed

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 $781.

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

▼ 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 & GTHA 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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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

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

Estimated Sales Range

$1.2M - $1.4M

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$234 (29.9%)

* Minimum Canadian down payment required for this price is $39.

Amortization Period30 Years

Estimated Monthly Payment$3Based on a loan of $547 over 30 years.

Purchase Price$781

Loan Amount$547

Provincial Land Transfer Tax:$4

Total Estimated Closing Taxes:$4

About Purchasing a Home in Markham, ON

For a property listed at $781 in Markham, the legal minimum down payment is $39 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 $4 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 $4.

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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

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

Rank

9.5

E T Crowle

Public

Rank

9.5

Ashton Meadows

PublicButtonville, Markham, Ontario

Rank

9.4

Castlemore

Public1580, Markham, Ontario

Rank

9.2

Stonebridge

PublicStonebridge Drive, Markham, Ontario, L6C 2Z8

Rank

9.1

Secondary Schools

St. Augustine

Catholic2188 Rodick Road, Buttonville, Markham, Ontario, L6C 1S3

Rank

10.0

Pierre Elliott Trudeau

Public90 Bur Oak Avenue, Markham, Ontario, L6C 2E6

Rank

9.5

Markville

Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5

Rank

9.0

Bur Oak

Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4

Rank

8.9

Thornhill, Markham Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%

Rented17%

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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.