For Sale · Industrial

24 - 172 BULLOCK DRIVE, Markham (Bullock)

24 - 172 BULLOCK DRIVE, Markham (Bullock), ON L3P7M9

$829,000 total

—

Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

86%

Clear height

26 ft

Loading docks

12

About this property

Prime Industrial Space with High-Traffic Bullock Dr. Exposure! This highly versatile unit features a functional, clear-span layout with rare Employment-Service Employmet zoning allowing a massive range of uses: business offices, work shops, Radiant heating ideal for mill work, 10% retail and more. Exceptionally located for seamless logistics with fast access to major highways, public transit, and the GO Station. High-visibility signage opportunity in a high-demand Markham hub! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$829K
Down payment30% · $249K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$45K

Annual cash flow

$-890

Cash-on-cash

-0.36%

DSCR

0.98

Going-in cap

5.43%

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

53,099

Households

18,820

Median income

$87,500

Median age

40.2

Daytime population

87,879

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 24 - 172 BULLOCK DRIVE, Markham (Bullock).

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.