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Investment Highlights

  • The unit presents an excellent opportunity for owner-users or investors seeking space in one of Markham’s most active urban business nodes.
  • Convenient access to Hwy 7 enhances connectivity throughout Markham and the broader GTA, making the location highly functional for daily operations.
  • Unit 198 represents a compelling long-term investment opportunity in a proven Markham commercial market with sustained demand.
  • The property is located in a high-density employment and residential area, supporting a wide range of commercial and service-oriented uses.
  • The condominium format allows for efficient ownership with shared common area maintenance and an established property management structure.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 198
  • 705 SF
  • Retail
  • $550,000 CAD ($780.14 CAD/SF)
  • -
Sale Type Investment
Description
First Markham Place stands as a landmark destination for Oriental cuisine lovers along Highway 7 East, in between Woodbine Avenue and Warden Avenue. With over 1,000 parking spaces and 200 indoor and outdoor retail units and eateries, FMP offers an unmatched mix of dining, shopping, and services. It’s a vibrant hub where families and friends can easily spend an entire day exploring, eating, and enjoying everything the center has to offer.
Sale Notes
Prime retail unit available in First Markham Place, a busy and well-established indoor mall with strong daily traffic, ample parking, and unbeatable access to surrounding amenities.
This bright, inviting unit features a wide showcase window for maximum visibility, plus a private 2-piece washroom and a sink with stylish cabinetry—a turnkey setup for many retail or service uses. Ideal for investors or owner-operators. Currently operating as an optical store, with chattels and inventory open to negotiation.
Unit Unit Size Condo Use Price NOI
Unit 198 705 SF Retail $550,000 CAD ($780.14 CAD/SF) -

Unit 198

Unit Size
705 SF
Condo Use
Retail
Price
$550,000 CAD ($780.14 CAD/SF)
NOI
-

Unit 198

Unit Size 705 SF
Condo Use Retail
Price $550,000 CAD ($780.14 CAD/SF)
NOI -
Sale Type Investment
Description
First Markham Place stands as a landmark destination for Oriental cuisine lovers along Highway 7 East, in between Woodbine Avenue and Warden Avenue. With over 1,000 parking spaces and 200 indoor and outdoor retail units and eateries, FMP offers an unmatched mix of dining, shopping, and services. It’s a vibrant hub where families and friends can easily spend an entire day exploring, eating, and enjoying everything the center has to offer.</li></ul>
Sale Notes
Prime retail unit available in First Markham Place, a busy and well-established indoor mall with strong daily traffic, ample parking, and unbeatable access to surrounding amenities.<br> This bright, inviting unit features a wide showcase window for maximum visibility, plus a private 2-piece washroom and a sink with stylish cabinetry—a turnkey setup for many retail or service uses. Ideal for investors or owner-operators. Currently operating as an optical store, with chattels and inventory open to negotiation.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 231,424 SF
Property Type Retail (Condo)
Property Subtype Storefront
Building Class B
Floors 1
Typical Floor Size 231,424 SF
Year Built 1998
Lot Size 22.82 AC
Parking Ratio 4.75/1,000 SF
Zoning O1, O3, RW - Mid-Use-Mid-Rise

Amenities

  • Food Court
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Skylights
  • Tenant Controlled HVAC
  • Kiosk/Cart Space
  • Enclosed Mall
  • Wheelchair Accessible
  • Air Conditioning
  • On-Site Security Staff
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100

Nearby Major Retailers

The Famous Owl of Minerva
Sugar Marmalade
Kelsey's
LA Fitness
F45 Training, Inc.
Starbucks
CrossFit
Tim Hortons
Fit 4 Less
RBC Royal Bank
  • Listing ID: 40530717

  • Date on Market: 2026-05-14

  • Last Updated:

  • Address: 3255 Hwy 7 E, Markham, ON L3R 3P9

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