$2,950,000
( $1638.89Per Sq Foot )
$15,836 est/mo Sourced by Back At You5775 Highway 7 N/a E,Markham, ON L3P 1A5
Markham, ON L3P 1A5
Description
Free-standing investment property with prime exposure on Highway 7. Former Tom's Burgers with many permitted uses. 1,800 sf main floor plus 1,500 sf basement. Clean environmental done in 2020. Currently leased to a top brand franchise. Tenant willing to stay or will consider selling the business if purchaser wants vacant possession. Current lease until June 2032 with escalations, with two - 5 year options to renew with strong franchise covenants. New roof shingles, downspouts, all new electrical, and main floor flooring installed in 2022.
Details
| MLS # | N12418230 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 49 |
| Listing Provided By | HOMELIFE/BAYVIEW REALTY INC. | N12418230 589700 |
Features
| SQ Feet | 1,800 |
|---|---|
| Acreage | 0.04 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Yes |
| Rooms Total | 0 |
Exterior
| Community Features | Major Highway, Public Transit |
|---|---|
| Security Features | No |
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 21002.37 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | Pl 3252 E Pt Lt 5 |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | York |
| City | Markham |
| Postal Code | L3P 1A5 |
| Area | Bullock |
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Learn More About This Property
| Province | ON |
|---|---|
| County | York |
| City | Markham |
| Postal Code | L3P 1A5 |
| Area | Bullock |
Listing Updated: November 3, 2025 at 7:26:54 PM PST
