180 & 188 Main Street N, Markham, ON L3P 1Y3
Positioned in the core of historic Main Street Markham, this prominent corner property presents a compelling opportunity for both investors and end-users seeking a high-exposure commercial presence within a character-rich heritage setting. This distinguished 5-bedroom, 4-bath heritage building sits on an oversized lot and offers exceptional flexibility under dual residential and commercial zoning-well-suited for a wide range of professional and institutional uses including medical or dental clinics, private school or educational space, real estate brokerage, legal offices, or other service-based operations. The property features expansive principal rooms, refined architectural detailing, and a highly adaptable interior layout that can be configured to support client-facing businesses, collaborative workspaces, or mixed-use occupancy. A custom chef's kitchen, along with pot lights and built-in speakers throughout, enhances functionality for staff and client engagement alike. Extensive updates completed with permits-including electrical, windows, insulation, siding, driveway, and refreshed interior/exterior finishes-provide operational confidence while maintaining the building's historic appeal. Additional highlights include an insulated and heated garage equipped with an EV charger, supporting modern business needs. The large lot also offers significant redevelopment potential, including the option to introduce ample on-site parking with dual access points from Main Street and Bullock Drive-an invaluable feature for commercial usability and client convenience. Surrounded by established businesses, amenities, transit, and pedestrian activity, this high-visibility location ensures strong accessibility and long-term value. A rare opportunity to secure a landmark property with the scale, zoning, and flexibility to accommodate a wide variety of professional uses in one of Markham's most desirable corridors.
- MLS number
- N13695854
- Type
- Investment
- Status
- Active
- Bedrooms
- 6
- Bathrooms
- 4
- Postal code
- L3P 1Y3
- Photos
- 50
- Property tax
- $7,444 / year
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.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Investment
- Class
- Commercial
- Age
- 100+
- Community
- Old Markham Village
- Municipality
- Markham
- Cross street
- Main St N/Bullock Dr
- Zoning
- R1, RMD1
Inside
- Bedrooms
- 6
- Bathrooms
- 4
- Washrooms
- 4
- Kitchens
- 1
- Rooms
- 13
Parking
- Garage
- Single Detached
- Driveway spaces
- 6
Land
- Lot
- 130.12 × 121.21 feet
Heating, cooling and services
- Heating
- Baseboard
- Heat source
- Electric
- Cooling
- Yes
- Water
- Municipal
Listing
- MLS number
- N13695854
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-08-20
- Expires
- 2026-12-31
- Taxes
- $7,444 (2025)
- Board
- Toronto Regional Real Estate Board
Listing history
This address has been listed 3 times.
Where this property is
H-Value
Work out the numbers
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If you rented it out
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.
