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$ 455,000
Est. payment /mo
Active
1585 Markham RD #309 Toronto E11, ON M1B 0B3
1,001 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,001 sqft
Price per Sqft $454
Municipality Toronto E11
Subdivision Malvern
MLS Listing ID E13524206
Condo Fees $555
Annual Tax Amount $5,028
Tax Year 2026
Property Sub-Type Office
Property 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.
Location
Province ON
County Toronto
Community Toronto E11
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Building
Building Age 6-15
Others
Security Features No
ParcelsYN No
Listed by COLDWELL BANKER THE REAL ESTATE CENTRE
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