Business For Sale · Office

912 - 7191 YONGE STREET, Markham (Grandview)

912 - 7191 YONGE STREET, Markham (Grandview), ON L3T0C4

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

85%

About this property

Simply Spectacular Clear South/West/North Corner View. Exceptional Brand New Custom Designed Interiors. State Of The Art Finished! With 9 Feet Ceiling Offers 3 Large Offices And Massive Meeting Room And Staff Kitchen. Just Move In Condition, Part Of Mix-Use Community Of Retail With Shopping Malls, Banks, Supermarket, Restaurants And 4 Residential Towers* Close To Public Transit, Hwy's, Ample Underground Parking...Lots Of Underground Parking!! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

67,139

Households

23,435

Median income

$82,000

Median age

41.3

Daytime population

105,486

5-yr growth

5.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 912 - 7191 YONGE STREET, Markham (Grandview).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.