Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

7163 Yonge Street 202, Markham, ON L3T 0C6

Commercial Retail
$299,000

A standout commercial unit located in the well-known World on Yonge, offering excellent visibility and access within a vibrant, high-traffic environment. Set within a dynamic mixed-use community, the property is surrounded by a wide range of amenities including retail shops, dining options, a supermarket, pharmacy, professional offices, and residential towers with over 1,200 units , creating strong business potential. The unit itself is bright and generously sized, featuring large windows that fill the space with natural light. Designed with a modern and attractive interior, the unit is fully furnished and ready for immediate use, creating a professional and welcoming atmosphere from day one. It also includes a water connection inside the unit, adding extra convenience for a variety of business needs. Its versatile layout makes it ideal for uses such as professional offices(insurance, medical, travel services, and more) or retail operations. Ample underground and surface parking ensures convenience for both clients and staff, making this an excellent opportunity for businesses seeking a strategic and accessible location.

MLS number
N12972994
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
Postal code
L3T 0C6
Photos
7
Property tax
$3,918 / year
159days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Woodland PS9.6 / 10
Elementary · French Immersion · 1-8
YRDSB boundary · approved May 2026
Henderson Avenue PS8.1 / 10
Elementary · Regular Track · JK-8
YRDSB boundary · approved 1997
Henderson Avenue PS8.1 / 10
Elementary Holding · Regular Track · JK-8
YRDSB boundary
E.J. Sand PS7.3 / 10
Elementary Holding · Regular Track · JK-8
YRDSB boundary
Westmount CI8.1 / 10
Secondary · Arts · 9-12
YRDSB boundary
Thornlea SS8.4 / 10
Secondary · French Immersion · 9-12
YRDSB boundary · approved December 2025
Alexander Mackenzie HS8.4 / 10
Secondary · International Baccalaureate (IB) · 9-12
YRDSB boundary
Thornhill SS7.8 / 10
Secondary · Regular Track · 9-12
YRDSB boundary · approved June 2013
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

York Region. Published by the York Region District School Board’s planning department, with the date the board approved each boundary shown above. A boundary approved years ago is still the current one until the board redraws it, but the older the date, the more worth confirming.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: YRDSB school locator.

Sources: York Region District School Board planning department.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Peace SchoolElementary11 mNot reported
Canadian International Scholars SchoolElementary and secondary115 mNot reported
Toronto High SchoolElementary and secondary115 mNot reported
Reed International SchoolSecondary121 mNot reported
Simcoe High SchoolSecondary96 mNot reported
Outstanding International AcademySecondary221 mNot reported

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 2,638 people.

$54,400Median household income
52.8%Own their home
9.4%Detached houses
36.8Median age
64.8%Born outside Canada
50.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35190374 — the few blocks around this address, home to 2,638 people. It describes the area, not this property.

2,638Population
39.2Average age
2.1Household size
$72,400Average household income
$54,400Median household income
53%Own their home
47%Rent
89%Condominiums
65%Born outside Canada
50%University degree
$788,000Average home value
32%Low income
61%Not in the labour force
34%Never married
Under $5,0006%
$5,000 to $9,9992%
$10,000 to $14,9993%
$15,000 to $19,9993%
$20,000 to $24,9995%
$25,000 to $29,9995%
$30,000 to $34,9995%
$35,000 to $39,9994%
$40,000 to $44,9993%
$45,000 to $49,9994%
$50,000 to $59,9997%
$60,000 to $69,9996%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9994%
$100,000 and over18%
$100,000 to $124,9996%
$125,000 to $149,9994%
$150,000 to $199,9994%
$200,000 and over3%

Percentages are of the 1,550 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$59,800 · minimum here is $14,950
$1,323.91per month
Borrowed before insurance$239,200
Total borrowed$239,200
Interest over 25 years at 4.5%$157,972

If you rented it out

-$1,650.41per month out of pocket
Rent$0.00
Everything it costs to hold$1,650.41
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX EXCEL REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.