309 - 1585 Markham Road, Toronto, ON M1B 0B3
Malvern, Toronto · Near Markham Road and Sheppard · View map
About this home
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.
The home
- Type
- Office
- Square footage
- 1001 sq ft
- Approximate age
- 6-15 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Property management
- Shiu Pong Management Limited
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Underground
- Driveway spaces
- 3
- Total parking
- 3
Taxes & other
- Property taxes
- $5,029/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Negotiable
- Cross street
- Markham Road and Sheppard
- Neighbourhood
- Malvern
More
- MLS® number
- E13524206
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1585 Markham Road, Toronto, ON M1B 0B3
Malvern, Toronto · Near Markham Road and Sheppard
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Listing history for 1585 Markham Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 309 - 1585 Markham Road
Answers come straight from this home’s MLS® listing.
How much is 309 - 1585 Markham Road listed for, and what would it cost each month?
309 - 1585 Markham Road is listed for $455,000. With 20% down ($91,000), the mortgage payment would be roughly $1,835 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,254 a month, all in. That figure is an illustration, not a quote.
Is 309 - 1585 Markham Road freehold or a condo, and is there a monthly fee?
309 - 1585 Markham Road is a office in Malvern, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 309 - 1585 Markham Road have a garage and parking?
Yes. The listing shows the garage as underground. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
What style of home is 309 - 1585 Markham Road?
309 - 1585 Markham Road is an office. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 309 - 1585 Markham Road heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 309 - 1585 Markham Road?
Property taxes are $5,029 a year (2026), or about $419 a month.
Where is 309 - 1585 Markham Road?
309 - 1585 Markham Road is in the Malvern community of Toronto. The nearest main intersection is Markham Road and Sheppard. The postal code is M1B 0B3.
Is 309 - 1585 Markham Road still for sale?
Yes. It is an active listing (MLS® E13524206). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 309 - 1585 Markham Road asking?
Similar properties for sale nearby right now include 409 - 1585 Markham Road at $690,000, 677A Markham Road at $500,000 and 2 - 3155 Markham Road at $399,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1585 Markham Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 309 - 1585 Markham Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Malvern, picked by style, size and price.
Office$690,000409 - 1585 Markham Road, TorontoMalvernCourtesy of: REAL ESTATE ADVISORS INC.View home →
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Sale of business$399,0002 - 3155 Markham Road, TorontoRougeCourtesy of: EXP REALTYView home →Courtesy of: COLDWELL BANKER THE REAL ESTATE CENTRE
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.