1585 Markham Rd #309 is an office in Toronto, listed for $455,000.
1The space features a functional layout with two separate rooms plus a welcoming entry/reception area, offering flexibility for a variety of professional office users.
2A standout feature of this property is the inclusion of **three exclusive parking spaces**, providing added convenience for owners, staff and clients.
3Ideally located with excellent access to major roads, transit, Highway 401 and surrounding amenities.
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Commercial Property in Toronto
Unit 309 at 1585 Markham Road
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.
Toronto office priced at $455,000 — book a tour to see if it fits your search.
Inside 1585 Markham Rd #309
Every detail from the listing, in one place.
Type
Office
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Office
1585 Markham Rd #309 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13524206$455,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1585 Markham Rd #309 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 1585 Markham Rd #309. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5101.9%On average, homes sold at or above asking.
Active listings12,705Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with May 5 – Aug 3, 2026: prices up.
Based on 9,294 sales from Aug 3 – Nov 1, 2026 (6,924 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1585 Markham Rd #309 is listed at $455,000 (MLS® E13524206). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1585 Markham Rd #309 changed?
No — 1585 Markham Rd #309 is still listed at its original asking price of $455,000.
How many bedrooms and bathrooms does 1585 Markham Rd #309 have?
The listing for 1585 Markham Rd #309 doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 1585 Markham Rd #309 close to transit?
The nearest rapid-transit station is Agincourt GO Station (Stouffville GO), about 3.8 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 1585 Markham Rd #309 compare with other homes in Toronto?
Its asking price of $455,000 is about 46% below the median sold price in Toronto over the last 90 days, $845,000, across 9,294 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1585 Markham Rd #309 been sold before?
Summitly has no earlier MLS® sale or lease of 1585 Markham Rd #309 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1585 Markham Rd #309?
1585 Markham Rd #309 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1585 Markham Rd #309 been on the market?
119 days — 1585 Markham Rd #309 was listed on July 5, 2026.
What is the land transfer tax on 1585 Markham Rd #309?
About $11,150 at the asking price of $455,000: $5,575 Ontario land transfer tax plus $5,575 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 1585 Markham Rd #309 or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 1585 Markham Rd #309?
The listing for 1585 Markham Rd #309 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 1585 Markham Rd #309 built?
The listing for 1585 Markham Rd #309 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
