1585 Markham Road 109, Toronto, ON M1B 2W1
Malvern · E11 · M1B 2W1
$930,000
$989 / sq ft2 days on market
- Total area
- 940 sf
What's special
- Outside/surface garage
- Yes
About this property
Rare Opportunity to Acquire Both a High-Yield Business AND Prime Commercial Real Estate! Clean, ground-level retail condo unit combined with a turn-key, highly profitable specialty vape shop. Truly hands-off investment featuring semi-absentee ownership with a fully established day-to-day operation in place. Impressive, recession-resistant financials boasting approx. $600K in annual gross revenue and $160K+ in net profit, backed by an exceptionally loyal, repeat local clientele. Situated in an active, established commercial plaza just minutes to Hwy 401, Centennial College, and major transit routes with abundant surface parking. Eliminate landlord leasing risks, build long-term commercial equity, or collect immediate passive cash flow. An ideal portfolio asset for savvy investors or owner-operators alike!
Property details
Property
- Property type
- business
- Interior size
- 940 sq ft
- Zoning
- Commercial
- Possession
- TBA
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Exterior & services
- Garage
- Outside/Surface
Costs
- List price
- $930,000
- Property taxes
- $7,417 / year (2026)
- Price per sq ft
- $989
Listing
- MLS® number
- E14140186
- Status
- For sale
- Listed
- November 2, 2026
- Days on market
- 2
- Last updated
- November 2, 2026
- Listing brokerage
- APEX LIVING GROUP
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 99% of comparable business for sale listings in Toronto are asking less.
- This home
- $989 / sq ft
- Comparable median
- $114 / sq ft
Based on 95 comparable active business for sale listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $4,766.15
- Property tax (est.)
- $618.07
- Estimated monthly
- $5,384
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $15,075
- Toronto municipal
- $15,075
- Total due on closing
- $30,150
An estimate on the asking price of $930,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of APEX LIVING GROUP. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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