$22/mo - 825 Denison Street Unit 6, Markham
Commercial for Rent in Markham
34 days on marketNeighbourhood: Milliken Mills West
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- MLS Number
- N13739558
- Property Type
- Commercial
- Status
- active
- Days on Site
- 34
- Bedrooms
- 0
- Bathrooms
- 1
- Square Feet
- 919 sqft
- Neighbourhood
- Markham
- Taxes (2025)
- $8
- Listing Brokerage
- HOMELIFE EXCELSIOR REALTY INC.
Prime Commercial Opportunity Fronting Denison Street: Position your business in a highly visible, easily accessible location with outstanding street exposure. This functional commercial unit features prominent frontage directly facing Denison Street, offering exceptional signage opportunities to maximize your brand's presence.Key Features & Unit Layout: High-Visibility Frontage: Premier exterior signage space facing Denison Street ensures maximum exposure to passing daily traffic. Ample Surface Parking: Convenient, drive-up parking spaces located right in front of the unit for easy client access and staff convenience. Functional Layout: Two Private Office Rooms: Enclosed, bright office spaces perfect for executive suites, consultation rooms, or private work areas. Large Common Area / Reception: Spacious central layout suitable for open workstation setups, a welcoming customer reception, or showroom space. Dedicated Kitchenette & Washroom: Private, clean, in-suite kitchenette with upper and lower cabinetry, sink, and an adjacent private washroom. Expansive Storage Area: Generously sized dedicated storage/flex space at the rear of the unit-ideal for inventory, warehousing needs, or operational equipment. Ideal Uses: Perfect for professional office services, accounting or legal practices, medical/wellness consultations, tech/creative studios, or service-based retail requiring office space with backend storage. Ideally located near Warden Avenue, Woodbine Avenue, Steeles Avenue, Highway 7, Highway 407, and Highway 404. Ample on-site parking is available.
Discover Milliken Mills West
Milliken Mills West is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Milliken Mills West
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Milliken Mills West offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
825 Denison Street Unit 6, Markham
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
Commercial property values in Markham are driven by location, zoning, current tenancy, and income potential — not the same $/sqft benchmarks as residential. I'll run a proper comparable sales analysis using recent commercial transactions in this area.
Commercial Market Pace
Commercial real estate transactions typically take 60–120 days from offer to close — longer than residential — due to financing conditions, environmental reports, and tenant estoppel reviews. This 34-day listing is within normal commercial market exposure.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Markham transactions.