For Lease
20 Gibson Avenue 201 #201
Milliken Mills West, Markham, ON
$8,500
0Bd
0Ba
—sqft
CommercialMLS# N12929370Listed 2026-03-2740 DOM
On the market for 40 days — longer than average. The seller may be open to negotiation.
About this home
Rare opportunity to lease a corner commercial unit in a vibrant established complex with retail/restaurant/office business in core area of Markham. Just north of Steeles Ave on warden. Lots of parking spaces, steps to YRT/Viva/TTC stops, and minutes to 404,407 &401. Approx 3978 sq ft unit w/stunning exposure, three- facing sides ( east, south, north) along Warden Avenue, maximizing visibility. The tenant is responsible for TMI, all utilities, insurance. Property Tax (2025) : $16,674.02. Maintenance Fee: $3,232.53, Insurance varies depending on the tenant's situation.
Features
- Yes
Financials
Annual Taxes
$16,674.02
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield352.9% – 1129.4%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Markham
Days on market40 days
Buyer's MarketSeller's Market
Based on active listings in Markham. Data updates daily.
Demographics — Markham
Population
338,503
Avg Household Income
$118,000
Age Distribution
0-19
20%
20-34
18%
35-49
22%
50-64
22%
65+
18%
Ownership82% own · 18% rent
EnglishMandarinCantoneseTamilUrdu
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
60
/ 100
Walk Score
Somewhat Walkable
37
/ 100
Transit Score
Some Transit
44
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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