2855 Markham Road, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Rouge E11. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $500,000 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 0 Bathrooms
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Prime opportunity to own a newly built commercial office condominium in a high-traffic professional building with excellent exposure on Markham Road. Offering approximately 1,100 sq. ft. of modern office space, this second-floor unit features elevator access, a reception area, private office space, and clear east-facing views. Strategically located with convenient access to Highways 401 and 407, the building offers ample visitor parking and is surrounded by established professional businesses. Ideal for a variety of professional uses, including law, accounting, insurance, real estate, mortgage brokerage, immigration consulting, paralegal services, marketing agencies, and other office-related businesses (subject to permitted uses). The adjacent Unit 206 is also available for sale and can be purchased separately or together with this unit, providing an excellent opportunity for businesses requiring additional space or future expansion. Available for immediate occupancy in a modern, state-of-the-art professional complex. An excellent opportunity for owner-users or investors seeking a prestigious business address in one of the most desirable commercial corridors on Markham Road.**Purchase Price Plus HST, If Applicable.**
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2855 Markham Road 207, Toronto E11, ON M1X 0C3
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $500,000 in Toronto, the legal minimum down payment is $25,000 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 $6,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,475 also applies, bringing the total estimated land transfer taxes to $12,950.
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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.
