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165 Commerce Valley Dr W 84,076 SF 100% Leased 4-Star Office Building Markham, ON L3T 7V8 $21,849,389 USD ($259.88 USD/SF)
INVESTMENT HIGHLIGHTS
- This 84,076 SF property includes 17,700 SF available immediately for an owner occupier.
- Building is 80% leased with high quality third party tenants, offering an immediate stable income stream.
- This high-quality property features a striking glass façade and modern construction.
- Located just south of Highway 7, this exceptional Markham location is rich in amenities.
EXECUTIVE SUMMARY
Positioned in the heart of Markham’s thriving business corridor, 165 Commerce Valley Drive West presents a rare opportunity to acquire a high-quality, freestanding office building with owner-occupier appeal and long-term investment upside. This five-storey boutique asset features a striking glass façade, modern construction, and flexible floor plates designed to accommodate a range of tenant configurations—from compact suites to full-floor occupancy.
Built in 1999 and meticulously maintained, the property offers approximately 84,076 square feet of rentable area, with 307 parking stalls across surface and open-air garage formats. The building is currently 80% occupied, anchored by reputable tenants including Sym-Tech Inc., Associated Engineering, and AssureU Inc., providing stable income and potential for further lease-up. The HVAC VAV system, two high-speed elevators, bike storage, and access to a campus fitness centre enhance tenant experience, while a truck-level loading dock supports operational logistics.
Strategically located just south of Highway 7 and Leslie Street, the site offers seamless access to Highways 404 and 407, and is well-served by York Region Transit and nearby GO stations. The surrounding area is rich with amenities—restaurants, retail, banks, and entertainment—making it an ideal environment for business growth. With projected population growth of over 23% within 5KM by 2033 and average household incomes exceeding CA$130,000, the location supports both workforce attraction and long-term value appreciation.
This offering is available at CA$30,500,000, with preference for offers with limited conditionality. It represents a compelling opportunity for investors or owner-occupiers seeking a premium address in one of Ontario’s most dynamic municipalities.
Built in 1999 and meticulously maintained, the property offers approximately 84,076 square feet of rentable area, with 307 parking stalls across surface and open-air garage formats. The building is currently 80% occupied, anchored by reputable tenants including Sym-Tech Inc., Associated Engineering, and AssureU Inc., providing stable income and potential for further lease-up. The HVAC VAV system, two high-speed elevators, bike storage, and access to a campus fitness centre enhance tenant experience, while a truck-level loading dock supports operational logistics.
Strategically located just south of Highway 7 and Leslie Street, the site offers seamless access to Highways 404 and 407, and is well-served by York Region Transit and nearby GO stations. The surrounding area is rich with amenities—restaurants, retail, banks, and entertainment—making it an ideal environment for business growth. With projected population growth of over 23% within 5KM by 2033 and average household incomes exceeding CA$130,000, the location supports both workforce attraction and long-term value appreciation.
This offering is available at CA$30,500,000, with preference for offers with limited conditionality. It represents a compelling opportunity for investors or owner-occupiers seeking a premium address in one of Ontario’s most dynamic municipalities.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
84,076 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1999
Price
$21,849,389 USD
Price Per SF
$259.88 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
16,815 SF
Slab To Slab
12’
Building FAR
0.75
Lot Size
2.56 AC
Zoning
MC-76
Parking
307 Spaces (3.65 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Security System
- Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
19 perimeter offices or small meeting rooms with open central area for workstations. Photocopy/printer Room, and one board room, as well as reception area.
| Space | Size | Space Use | Condition | Available |
| 3rd Fl-Ste 300 | 17,700 SF | Office | Full Build-Out | 30 Days |
3rd Fl-Ste 300
| Size |
| 17,700 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
3rd Fl-Ste 300
| Size | 17,700 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
19 perimeter offices or small meeting rooms with open central area for workstations. Photocopy/printer Room, and one board room, as well as reception area.
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (70)
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165 Commerce Valley Dr W
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