121 Robinson Street, Markham, ON
Property Highlights
Welcome to this remarkable office located in the coveted neighborhood of Old Markham Village. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $7,800,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 6 Bathrooms
- Premium 145 x 138.59 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Markham's Award winning freestanding 3-storey 10,000 sq ft office building. Offers versatile floor plate to accommodate both a Single and Multi-Tenant configurations. Currently fully tenanted by AAA Single Tenant until 2030 with << 5.61 % Average Cap Rate>> over 5 years. Property is located in the heart of Old Markham Village, on 0.45 Acre Lot, with 30 parking spaces on site with close proximity to Hwy 7 / 407 ETR / 404 and 1 km to Go Station. Features 7 Private Offices, 42 Workstations, 2 Kitchens, 6 Bathrooms, Large Conference /Boardroom. Great for Head or Regional Office or can be split for Multiple Tenants. Solid building with steel frames and pre-fab concrete floors. Recently upgraded roof and exterior doors. Pre-constructed to support future expansion of 4th floor plus ground floor already roughed-in to accommodate 4 separately metered units. This income generating landmark building is solid built and has been excellently maintained.
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Pricing & Value Insights
Data-driven valuation for 121 Robinson Street, Markham, ON L3P 1P2
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About Purchasing a Home in Markham, ON
For a property listed at $7,800,000 in Markham, the legal minimum down payment is $1,560,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $181,475 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $181,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.