165 Commerce Valley Dr W - Office FOR SALE


Markham, ON L3T 7V8
$30,500,000 CAD
165 Commerce Valley Dr W, Markham, ON for Sale
$30,500,000 CAD
Office - FOR SALE
1/9
null | Request Cap Rate

165 Commerce Valley Dr W
Markham, ON L3T 7V8


HIGHLIGHTS

  • This 84,076 SF property includes 17,700 SF available immediately for an owner occupier.
  • This high-quality property features a striking glass façade and modern construction.
  • Building is 80% leased with high quality third party tenants, offering an immediate stable income stream.
  • Located just south of Highway 7, this exceptional Markham location is rich in amenities.

OVERVIEW

Positioned in the heart of Markham’s thriving business corridor, 165 Commerce Valley Drive West presents a rare opportunity to acquire a high-quality, freestanding office building with owner-occupier appeal and long-term investment upside. This five-storey boutique asset features a striking glass façade, modern construction, and flexible floor plates designed to accommodate a range of tenant configurations—from compact suites to full-floor occupancy. Built in 1999 and meticulously maintained, the property offers approximately 84,076 square feet of rentable area, with 307 parking stalls across surface and open-air garage formats. The building is currently 80% occupied, anchored by reputable tenants including Sym-Tech Inc., Associated Engineering, and AssureU Inc., providing stable income and potential for further lease-up. The HVAC VAV system, two high-speed elevators, bike storage, and access to a campus fitness centre enhance tenant experience, while a truck-level loading dock supports operational logistics. Strategically located just south of Highway 7 and Leslie Street, the site offers seamless access to Highways 404 and 407, and is well-served by York Region Transit and nearby GO stations. The surrounding area is rich with amenities—restaurants, retail, banks, and entertainment—making it an ideal environment for business growth. With projected population growth of over 23% within 5KM by 2033 and average household incomes exceeding CA$130,000, the location supports both workforce attraction and long-term value appreciation. This offering is available at CA$30,500,000, with preference for offers with limited conditionality. It represents a compelling opportunity for investors or owner-occupiers seeking a premium address in one of Ontario’s most dynamic municipalities.

FOR SALE DETAILS

PRICE

$30,500,000 CAD

PRICE/SF

$363 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

A

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

307

LAND DETAILS

LAND ACRES

2.56 AC

LAND SF

111,514 SF

ZONING

MC-76

APN/PARCEL ID

193602011325180

ASK ABOUT THIS PROPERTY

Sunny HayerColliersMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Sunny HayerColliersMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.