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1585 Markham Rd - V.H.L Centre 1,001 SF Office Condo Unit Offered at $324,754 in Toronto, ON M1B 2W1



1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Sale Notes
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.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 309 | 1,001 SF | Office | $324,754 USD ($324.43 USD/SF) | - |
Unit 309
| Unit Size |
| 1,001 SF |
| Condo Use |
| Office |
| Price |
| $324,754 USD ($324.43 USD/SF) |
| NOI |
| - |
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Unit 309
| Unit Size | 1,001 SF |
| Condo Use | Office |
| Price | $324,754 USD ($324.43 USD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Notes | |
| 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.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 82,093 SF | Typical Floor Size | 20,523 SF |
| Property Type | Office (Condo) | Year Built | 2011 |
| Building Class | B | Parking Ratio | 2.92/1,000 SF |
| Floors | 4 | ||
| Zoning | CR | ||
| Total Building Size | 82,093 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 20,523 SF |
| Year Built | 2011 |
| Parking Ratio | 2.92/1,000 SF |
| Zoning | CR |
Amenities
- Bus Line
- Signage
- Air Conditioning
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Matterport 3D Exterior
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Street View
Street
Map
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1585 Markham Rd - V.H.L Centre
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