298 Markham St is a commercial in Toronto, listed for $5,500,000.
1298 Markham Street presents a rare opportunity to acquire a commanding, fully renovated three-storey multi-unit building with a beautiful rooftop patio, ideally located on Markham Street just south of College Street.
2Surrounded by popular restaurants, cafés, shops, services and amenities, with convenient access to public transit and downtown Toronto.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Toronto
About 298 Markham Street
298 Markham Street presents a rare opportunity to acquire a commanding, fully renovated three-storey multi-unit building with a beautiful rooftop patio, ideally located on Markham Street just south of College Street. Featuring bright, flexible office/commercial-style layouts, an established coffee shop tenancy on the main floor, an owner-occupied second floor and one owner-occupied third-floor unit that can be delivered vacant on closing, while the remaining third-floor unit is occupied on a month-to-month basis. Surrounded by popular restaurants, cafés, shops, services and amenities, with convenient access to public transit and downtown Toronto. A compelling opportunity for investors, end users, or those seeking a unique live/work setting in a vibrant downtown location.
Toronto commercial priced at $5,500,000 — book a tour to see if it fits your search.
Inside 298 Markham St
Every detail from the listing, in one place.
Type
Commercial
Lot size
18.75 x 129.00 Feet
Features & systems
Lot & land
Lot dimensions
18.75 x 129.00 Feet
Lot size (sqft)
0
Listing & possession
Property class
Store W Apt/Office
298 Markham St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13784728$5,500,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 298 Markham St 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.
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.
Similar homes for sale nearby in Toronto
Other 5-bed homes for sale in Toronto around $5.5M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5185.0%On average, homes sold at or above asking.
Active listings11,657Homes for sale here right now.
Median vs prior 90 days−0.2%Compared with May 8 – Aug 6, 2026: prices down.
Based on 9,142 sales from Aug 6 – Nov 4, 2026 (7,119 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 298 Markham St
How much is 298 Markham St listed for?
298 Markham St is listed at $5,500,000 (MLS® C13784728). Summitly updates the price as soon as the MLS® record changes.
Has the price of 298 Markham St changed?
No — 298 Markham St is still listed at its original asking price of $5,500,000.
How many bedrooms and bathrooms does 298 Markham St have?
The listing for 298 Markham St doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
How does 298 Markham St compare with other homes in Toronto?
Its asking price of $5,500,000 is about 555% above the median sold price in Toronto over the last 90 days, $840,000, across 9,142 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 298 Markham St been sold before?
Summitly has no earlier MLS® sale or lease of 298 Markham St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 298 Markham St?
298 Markham St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 298 Markham St been on the market?
50 days — 298 Markham St was listed on September 15, 2026.
What is the lot size of 298 Markham St?
The lot measures 18.75 × 129.00 Feet, as published in the listing.
What is the land transfer tax on 298 Markham St?
About $316,450 at the asking price of $5,500,000: $123,975 Ontario land transfer tax plus $192,475 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 298 Markham St 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 298 Markham St?
The listing for 298 Markham St 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 298 Markham St built?
The listing for 298 Markham St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
