$1,098,000 - 8789 Woodbine Avenue Unit 213 - 214, Markham
Commercial for Sale in Markham
Neighbourhood: Buttonville
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- MLS Number
- N13816582
- Property Type
- Commercial
- Status
- active
- Days on Site
- 15
- Bedrooms
- 0
- Bathrooms
- 2
- Square Feet
- 2,050 sqft
- Neighbourhood
- Markham
- Taxes (2026)
- $11,424
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
"CLASS A" is the impression from the moment you approach this exceptional 2,050 SF double unit office condominium suite in the Woodbine Business Centre. Municipally addressed as 8789 Woodbine Avenue, this distinctive suite enjoys prominent frontage and direct access from well-known McIntosh Drive - notably convenient for staff, clients and first-time visitors. Ample staff and guest parking welcomes you to easy grade-level entry at the front door - no stairs or elevator lineups! Enter through a thoughtful air-lock vestibule into an impressive reception area, flanked by a welcoming client lounge with fireplace that immediately establishes the professional standard. Ten-foot ceilings, pot lighting and well-planned illumination enhance the bright contemporary environment supplemented by classy wall sconces. Six spacious windowed private offices enjoy east, south and west exposures, while interior curtain-wall partitions carry natural light throughout. Professional design extends to barrier-free considerations including one of two washrooms, generous hallways and doorways. A central boardroom and fully appointed kitchenette complete this highly functional layout. Integrated telephone, A/V and sound systems further distinguish the offering. Enjoy nearby dining, professional services, shopping and amenities, with Hwys. 404 & 407 and transit only minutes away. Most furniture and chattels included - see Schedule "C" for details and exclusions. Comprehensive floor plan provided on Schedule "D". An exceptional opportunity to own a sophisticated, remarkably complete office environment that projects the highest professional standards!
Estimate your monthly payments for this property
Estimated Payment
$4,856.82/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Buttonville
Buttonville 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 Buttonville
- •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
Buttonville 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.
8789 Woodbine Avenue Unit 213 - 214, 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
At $536/sqft, this is priced in the upper range for GTA commercial — typical for prime locations or newer buildings. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
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 15-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.