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121 Robinson St 11,434 SF Office Building Markham, ON L3P 1P2 $8,250,000 CAD ($721.53 CAD/SF)
EXECUTIVE SUMMARY
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 6.31% 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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
11,434 SF
Building Class
B
Year Built
2005
Price
$8,250,000 CAD
Price Per SF
$721.53 CAD
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
3,333 SF
Slab To Slab
11’
Building FAR
0.57
Lot Size
0.46 AC
Zoning
C2
Parking
30 Spaces (2.62 Spaces per 1,000 SF Leased)
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Walk Score®
Very Walkable (88)
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121 Robinson St
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