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55 Renfrew Dr

53,800 SF 45% Leased Office Building Markham, ON L3R 8H3 $11,428,730 USD ($212 USD/SF)

Office Space Ontario Markham 55 Renfrew Dr, Markham, ON L3R 8H3

Executive Summary

2-storey office building totaling 53,802 SF, Zoning MC-60 (education use permitted), 2.5 Acres, Half of 2nd floor leased until May 2025, Balance of 2nd floor for 14,824 SF vacant

Attachments

55_Renfrew_Flyer_Sale_v3

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
53,800 SF
Building Class
B
Year Built/Renovated
1987/2000
Price
$11,428,730 USD
Price Per SF
$212 USD
Percent Leased
45%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
27,841 SF
Slab To Slab
12’
Building FAR
0.49
Lot Size
2.50 AC
Zoning
MC - Education Use
Parking
165 Spaces (3 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 201
  • 14,824 SF
  • Office
  • Full Build-Out
  • Now

Unique user investor opportunity at Hwys #404/#7. 2-storey professional office building located in prestigious Valleywood Business Park. Zoning permits education use. Current owner occupies entire ground floor and will lease back for 5 years at market rent. Existing tenant in place for half of second floor until May 2025 with option to renew. Balance of 2nd floor of 14,824 sf vacant for user/owner. Space is well appointed

Space Size Space Use Condition Available
2nd Fl-Ste 201 14,824 SF Office Full Build-Out Now

2nd Fl-Ste 201

Size
14,824 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 201

Size 14,824 SF
Space Use Office
Condition Full Build-Out
Available Now

Unique user investor opportunity at Hwys #404/#7. 2-storey professional office building located in prestigious Valleywood Business Park. Zoning permits education use. Current owner occupies entire ground floor and will lease back for 5 years at market rent. Existing tenant in place for half of second floor until May 2025 with option to renew. Balance of 2nd floor of 14,824 sf vacant for user/owner. Space is well appointed

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55 Renfrew Dr, Markham, ON - aerial map view
(647) 951-6809

Contacts

  • Listing ID: 28862902

  • Date on Market: 6/27/2023

  • Last Updated:

  • Address: 55 Renfrew Dr, Markham, ON L3R 8H3

The Office Property at 55 Renfrew Dr, Markham, ON L3R 8H3 is currently available for sale. Contact Savills for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

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55 Renfrew Dr, Markham, ON for sale Building Photo- Image 1 of 6
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55 Renfrew Dr, Markham, ON for sale Building Photo- Image 2 of 6
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55 Renfrew Dr, Markham, ON for sale Building Photo- Image 3 of 6
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55 Renfrew Dr
(647) 951-6809 x

55 Renfrew Dr

1/2

Howard Bogler

(647) 951-6809

(647) 951-6809

Jarrod Bogler

(647) 951-6809

(647) 951-6809

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