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1585 Markham Road Toronto E11 ON

📍 Toronto E11, Ontario M1B 0B3

$455,000

Active
6-15AGE

📋 Listing Highlights

StatusActive
MLS®E13524206
ListedJul 5, 2026
Days on Market—
Property TypeCommercial
StyleOffice
Cross StreetMarkham Road and Sheppard
PossessionNegotiable

📝 Listing 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.

🏠 Property Details

Property TypeCommercial
StyleOffice
Approx. Age6-15

🔧 Building & Utilities

HeatingGas Forced Air Open
CoolingYes
GarageUnderground

💰 Financial

List Price$455,000
Annual Taxes$5,028.82 (2026)
PossessionNegotiable

🧮 Mortgage Calculator

$91,000
Est. Monthly Payment
$2,235/mo
Principal: $364,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by COLDWELL BANKER THE REAL ESTATE CENTREData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #E13524206 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.