$16,225,000
Available - For Sale
Listing ID: N12921250
55 Renfrew Drive , Markham, L3R 8H3, York
| 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 | $16,225,000 |
| Taxes: | $154246.89 |
| Tax Type: | Annual |
| Occupancy: | Partial |
| Address: | 55 Renfrew Drive , Markham, L3R 8H3, York |
| Postal Code: | L3R 8H3 |
| Province/State: | York |
| Legal Description: | PCL 6-1 SEC 65M2452; LT 6 PL 65M2452; MA |
| Directions/Cross Streets: | Woodbine Avenue & Apple Creek Blvd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Office |
| Use: | Professional Office |
| Building Percentage: | T |
| Total Area: | 2.50 |
| Total Area Code: | Acres |
| Office/Appartment Area: | 57034 |
| Office/Appartment Area Code: | Sq Ft |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| COLLIERS |
|
|
Hossein Vanishoja
Broker, ABR, SRS, P.Eng
Dir:
416-300-8000
Bus:
888-884-0105
Fax:
888-884-0106
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Office |
| Area: | York |
| Municipality: | Markham |
| Neighbourhood: | Buttonville |
| Tax: | $154,246.89 |
| Fireplace: | N |
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