Markham L3R 8H3
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C16,225,000
($11,795,700)
(€10,171,700)
Annual Taxes:C154,246.89
505 Park Ave, New York, NY 10022

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 ...

Description

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.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.