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SaleOffice

55 Renfrew Drive

Markham, ON L3R 8H3

Price

$15,680,000

Building Size

108,900 sq ft

Lot: 2.50 acres (108,900 sq ft)

MLS# N12921250 | Listed by COLLIERS

Business Details

Business Type

Professional Office

Property Use

Office

Commercial Space & Financials

Office / Apt Area

57,034 sq ft

Taxes (Annual)

$154,246.89

Industrial Specifications

Lot Size

284' × 417'

Structure

Freestanding

Property Description

Colliers is pleased to present 55 Renfrew Drive, a 57,034 sq ft two-storey office building located within Markham's established Valleywood Business Park, offering immediate access to Highways 404 and 407 and conveinent transit connectivity. The property features a modern exterior with a striking glass entry pavilion, a bright contemporary lobby with high ceilings, and has benefited from over $200,000 in recent capital improvements, including upgrades to life-safety, HVAC, and a rooftop solar installation. Owned and occupied by a globally recognized premium apparel brand utilizing the entire first floor as its headquarters, the Property offers the opportunity for a market-rate sale-leaseback, providing stable in-place income with future leasing flexibility across the second floor's three suites, two of which are currently vacant. With 157 surface parking stalls, strong regional accessiblity, and institutional management, 55 Renfrew Drive presents a compelling opportunity for investors or owner-occupiers seeking a high-quality suburban office asset with long-term value-add potential.

Price & Status History

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Location

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55 Renfrew Drive, Markham L3R 8H3

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Listing Courtesy of: COLLIERS

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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