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Renanza Realty
For sale

309 - 1585 MARKHAM ROAD

Toronto (Malvern), Ontario

MLS® E13524206

$455,000

Status
Active
Property type
Office
MLS® number
E13524206
Bedrooms
Bathrooms
Year built

Listing description

Excellent opportunity to own a bright and well-located commercial office unit at 1585 Markham Road, Unit 309. The space features a functional layout with two separate rooms plus a welcoming entry/reception area, offering flexibility for a variety of professional office users. Large windows provide plenty of natural light, creating a bright and comfortable working environment.

A standout feature of this property is the inclusion of **three exclusive parking spaces**, providing added convenience for owners, staff and clients. Ideally located with excellent access to major roads, transit, Highway 401 and surrounding amenities. The unit is currently tenanted and generating an attractive **6% CAP rate**, making this a strong turnkey opportunity for investors seeking immediate income.

For owner-users, the **tenant can vacate upon request**, offering flexibility to occupy the space based on the buyer's needs. A great opportunity for both investors and businesses looking to secure their own commercial space in a convenient Scarborough location.

Property summary

MLS® number
E13524206
Property type
Office
Building type
Offices
Square footage
1,001 sq ft
Annual property taxes
$5,028.82
Parking
3 spaces · Underground
Days on market
57 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Appliances
Window Coverings
Lot features
Elevator

What would this home cost you?

Based on the $455,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,117 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE, NEWMARKET.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.