Share This Listing

Message

954 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • 96% occupied property with a average lease term remaining of 6.3 years.
  • Newest building in this competitive market.
  • Well maintained and managed to institutional standards.

Executive Summary

Institutional Property Advisors a division of Marcus and Millichap on behalf of the "Vendor" are pleased to offer for sale a 100% freehold interest in 150 Commerce Valley Drive West, Markham, Ontario (the "property" or "150 CVD"), an institutionally owned and managed class A office building totaling 210,405 square feet.
Situated on approximately 4.65 acres site in one of Markham's premier business nodes, the Commerce Valley Business Park, at the intersection of Leslie Street and Commerce Valley Drive West. 150 CVD offers efficient floor plates, on-site cafe/restaurant, fitness center, covered parking, EV charging and an out door campus setting.

Property Facts Under Contract

Sale Type
Investment
Property Type
Office
Building Size
213,637 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2005
Percent Leased
99%
Tenancy
Multiple
Building Height
9 Stories
Typical Floor Size
23,737 SF
Slab To Slab
12’
Building FAR
1.05
Lot Size
4.66 AC
Zoning
M.C. - Mixed-Use Commercial zone
Parking
900 Spaces (4.28 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard
  • Fitness Center
  • Food Court
  • Restaurant
  • Outdoor Seating

Sustainability

LEED Certified
Gold
LEED certification is a globally recognized symbol of sustainability achievement.

Sustainability

LEED Certification Led by the Canada Green Building Council (CAGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 9th Fl-Ste 902
  • 2,386 SF
  • Office
  • Partial Build-Out
  • Now

Built out professional office space with 3 private offices, 8-seater boardroom, kitchenette ,and open space accommodating up to 8 workstations.

Space Size Space Use Build-Out Available
9th Fl-Ste 902 2,386 SF Office Partial Build-Out Now

9th Fl-Ste 902

Size
2,386 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

9th Fl-Ste 902

Size 2,386 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

Built out professional office space with 3 private offices, 8-seater boardroom, kitchenette ,and open space accommodating up to 8 workstations.

Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
  • Listing ID: 33923610

  • Date on Market: 2024-11-19

  • Last Updated:

  • Address: 150 Commerce Valley Dr W, Markham, ON L3T 7Z3

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}