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$455,000

Unit 309 - 1585 Markham Rd

Toronto E11, ON M1B 0B3

Unit 309 - 1585 Markham Rd, Toronto E11Listed at $455,000 Office. MLS® E13524206.

New this week
Office
$5,028.82 (2026)

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.

Business Details

Property Sub-TypeOffice
Property UseOffice
Occupant TypeTenant
Showing RequirementsGo Direct
Possession Type30-59 days
Listing Expires12/31/2026

Property Details

Property TypeOffice
CommunityMalvern
Approximate Age6-15
Dir/Cross StMarkham Road and Sheppard
Garage TypeUnderground
Heating TypeGas Forced Air Open
A/CYes
Taxes (2026)$5,028.82
Maintenance Fee$555/Monthly
HSTIncluded In
SecurityNo
Listed Date7/5/2026
Days on Market4 days
PossessionNegotiable

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Property Insights

Listing Courtesy of: COLDWELL BANKER THE REAL ESTATE CENTRE

MLS® #E13524206

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Office is located in the Malvern community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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