55 Renfrew Drive, Markham, ON L3R 8H3
$16,225,000
$16,225,000
MLS®#:
N12921250
Property Type:
Office
Property Style:
Area:
York
Community:
Buttonville
Taxes:
$154,246.89 / 2025
Added:
March 25 2026
Lot Frontage:
284
Lot Depth:
417
Status:
Active
Outside:
Year Built:
Brokerage:
COLLIERS
Lot :

417

284

BIG LOT

Intersection:
Woodbine Avenue & Apple Creek Blvd
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Closed
Heating Fuel:

Listing Details

Colliers is pleased to present 55 Renfrew Drive, a 57,034 sq ft two-storey office building located within Markham's established Valleywood Business Park, offering immediate access to Highways 404 and 407 and conveinent transit connectivity. The property features a modern exterior with a striking glass entry pavilion, a bright contemporary lobby with high ceilings, and has benefited from over $200,000 in recent capital improvements, including upgrades to life-safety, HVAC, and a rooftop solar installation. Owned and occupied by a globally recognized premium apparel brand utilizing the entire first floor as its headquarters, the Property offers the opportunity for a market-rate sale-leaseback, providing stable in-place income with future leasing flexibility across the second floor's three suites, two of which are currently vacant. With 157 surface parking stalls, strong regional accessiblity, and institutional management, 55 Renfrew Drive presents a compelling opportunity for investors or owner-occupiers seeking a high-quality suburban office asset with long-term value-add potential.

Insights

  1. Prime Location: Situated in Markham's Valleywood Business Park, the property offers immediate access to Highways 404 and 407, enhancing connectivity for businesses and employees.
  2. Stable Income Potential: Currently occupied by a premium apparel brand, the property allows for a market-rate sale-leaseback, providing immediate cash flow with the potential for future leasing flexibility.
  3. Recent Upgrades: Over $200,000 invested in capital improvements, including HVAC upgrades and a rooftop solar installation, enhance the building's efficiency and appeal, adding long-term value.

Neighborhood Overview

Complete neighborhood profile for 55 Renfrew Drive

Buttonville home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Buttonville
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)