55 Renfrew Drive, Markham, ON L3R 8H3

Markham L3R 8H3 Ontario

MLS: N12921250

$16,225,000

Added 2 hours ago | For Sale

Listed by: COLLIERS

About Property

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.

Features

  • House Style:Office
  • Bathrooms:
  • Land Size: 284 X 417
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Woodbine Avenue & Apple Creek Blvd
  • Basement: ,
  • Possession Date:Immediate
  • Annual Property taxes: $154246.89
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:N12921250

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