The Di Paola Building 5 Mcintosh Dr 19,734 SF 100% Leased Office Building Markham, ON L3R 8C8 $12,900,000 CAD ($653.69 CAD/SF) 2.29% Cap Rate

5 McIntosh Drive presents an opportunity to acquire a retail/office property positioned at the corner of Woodbine Avenue and McIntosh Drive in Markham's Buttonville area. The site benefits from frontage along Woodbine Avenue and is located within an area identified in municipal planning documents as the Woodbine BRT Station area, with a stated minimum density target of 160 people and jobs per hectare and no maximum density noted in the source material.
The property contains approximately 19,734 square feet of building area on 1.27 acres and is currently generating reported net rental income of $295,000 annually. Existing long-term leases reportedly include demolition clauses in favor of the landlord, providing flexibility for future redevelopment considerations subject to applicable approvals and planning requirements.
The location offers access to Highway infrastructure and public transit, supporting connectivity throughout the Greater Toronto Area. The Buttonville area continues to benefit from its position within one of Markham's established commercial corridors, with surrounding business activity, transportation access, and ongoing planning initiatives contributing to the property's long-term relevance within the market.
For investors, developers, and owner-users, the combination of existing income, prominent corner exposure, frontage on a major arterial corridor, and planning-related redevelopment potential creates a compelling opportunity in a highly recognized Markham location. The property's scale, visibility, and strategic positioning provide multiple avenues for future consideration while maintaining current income-producing characteristics.