NickLists
Main Property Image
Price Change
▶ Virtual Tour
Property Image 1
Property Image 2
Property Image 3
Property Image 4

$2,498,000

Commercial Retail

5775 Highway 7 N/A E, Markham, ON L3P 1A5Bullock

Listing Overview

MLS ID:N12418230
Status:Price Change
Type:Commercial / Commercial Retail
Taxes:$21,002.37 / yr (2025)
Days on Market:197
Listed:2025-09-22
Last Updated:Jan 3, 2026
Cross Street:Hwy 7/Ovida
Data Source:PROPTX

Interior

Utilities

Heat Type:Gas Forced Air Closed

Outdoor / Lot

Lot Size:× 212ft

Parking

Garage Type:Outside/Surface

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.

Mortgage Calculator