$8,500
20 Gibson Avenue 201, Markham, ON L3R 0M7
Beds
Baths
Parking
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.

Property Summary

Property Type Commercial
Property Sub Type Commercial Retail
Transaction Type For Lease

Building

Building Type Commercial Retail
Portion for Lease Not specified by MLS
Square Footage 3978
Building Area Units Square Feet
Heating Gas Forced Air Closed
Cooling Yes

Measurements

Lot Size 0 x 0
Lot Size Units Feet
Frontage 0
Depth 0
Total Living Area 3978

Land

Address 20 Gibson Avenue 201, Markham, ON L3R 0M7
City Markham
Community Milliken Mills West
County / Area York
Cross Street Warden Avenue/N Of Steeles Ave
Parcel Number 297510041

Parking and Garage

Garage Type Underground

Taxes and Listing Info

List Price $8,500
Annual Taxes $16,674
Tax Year 2025
Status Active
Listing Date 2026-03-27T16:41:47Z
Updated 2026-05-25T14:47:28Z
MLS Number N12929370
Local Market Insight

What Buyers Should Know About 20 Gibson Avenue 201, Markham, ON L3R 0M7

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

20 Gibson Avenue 201, Markham, ON L3R 0M7 is positioned in Milliken Mills West, a part of Markham where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Commercial Retail, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Commercial Retail should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Warden Avenue/N Of Steeles Ave, public transit options, parking availability, and drive times to employment areas. A property with available parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $8,500, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows available bedrooms, available bathrooms, basement details marked as to be confirmed, and a lot size of 0 x 0, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Markham, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Milliken Mills West. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 20 Gibson Avenue 201, Markham, ON L3R 0M7, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.