For sale 50$2,200,000
12 Main Street North
Old Markham Village, Markham, Ontario L3P1X2
For sale· Added
About this property
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.
Location
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Property details
Listing
- MLS® number
- N13606700
- Added
- Jul 26, 2026 ()
- Updated
- Jul 28, 2026 ()
- Info refreshed
Overview
- Property type
- Retail
Inside
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- Fully air conditioned
- Fireplace
- No
- Appliances
- Washer, Dryer, Microwave, Window Coverings
Building
- Parking
- 7 spaces
Land
- Lot size
- 49.5 x 117 ft
- Zoning
- MU-HMS
Services
- Water
- Municipal water
Location
- Cross streets
- Highway 7 / Main
- Directions
- The 3rd Building North of Highway 7 on the East side.
Running costs
- Annual property tax (2025)
- $18,278
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