45 Mcintosh Dr - Office FOR SALE


Markham, ON L3R 8C7
$8,400,000 CAD
416-662-2205
45 Mcintosh Dr, Markham, ON for Sale
$8,400,000 CAD
Office - FOR SALE
1/50
null | 4.56% Cap Rate

Oct '26


45 Mcintosh Dr
Markham, ON L3R 8C7


HIGHLIGHTS

  • 88% Office 12% Warehouse
  • LED lighting (2022); 11 new rooftop HVAC units (2020); professionally paved parking lot (2021); exterior concrete walls refinished(parged in 2024
  • 800 amp 600 volt service
  • Additional premium uses: hotel, cannabis establishment, craft brewery, financial institution, fitness centre, recreation, and veterinary clinic

OVERVIEW

While currently tenanted, the asset will be delivered vacant at closing. The new owner can enjoy a seamless transition of title without the complexity of existing leasehold encumbrances, providing total autonomy over future occupancy and management. Rarely available! 17,454 sq. ft. freestanding industrial facility on a 1-acre corner site at the high-traffic intersection of Highway 7 and Woodbine. Unmatched connectivity to Highways 404 and 407 positions this property as a strategic central hub. Prestigious EMP "BP" Business Park zoning permits a rare range of premium uses beyond traditional industrial zoning, including: a hotel, cannabis establishment, craft brewery, financial institution, fitness centre, recreation, and veterinary clinic, offering exceptional flexibility and revenue potential for investors and owner-users. The building features an 88% office build-out with a very efficient, natural light filled layout. Private and executive offices with large windows are complemented by a central boardroom with accent lighting, multiple meeting rooms, a large main reception, additional reception areas with dedicated exterior entrances, and a spacious lunchroom with tables and booth seating. The warehouse is clean and bright with plenty of natural light, one large truck level door and 13' clear ceiling height. The building and property show pride of ownership and have been meticulously maintained with significant capital upgrades: LED lighting (2022); 11 new rooftop HVAC units (2020); professionally paved parking lot (2021); exterior concrete walls refinished (parged) in 2024. The roof is approximately 11 years old. The site accommodates 57 parking spaces including 27 covered stalls. The facility is fully sprinklered and there is plenty of power with 800 amp 600 volt service. This is a rare, turnkey, flagship opportunity in one of the region's most sought after commercial corridors. Visiting the property without an appointment is strictly prohibited.

FOR SALE DETAILS

PRICE

$8,400,000 CAD

PRICE/SF

$481 CAD /SF

CAP RATE

4.56%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

EMP-BP

APN/PARCEL ID

193602013258940

ASK ABOUT THIS PROPERTY

Chad MarekCentury 21 Atria Realty Inc BrokerageMore Info
416-662-2205

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Chad MarekCentury 21 Atria Realty Inc BrokerageMore Info
416-662-2205

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