Business For Sale · Industrial

49 - 2721 MARKHAM ROAD, Toronto (Rouge)

49 - 2721 MARKHAM ROAD, Toronto (Rouge), ON M1X1L5

$1.4M total

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Asset Class

Industrial

Size

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Building class

C

Zoning

IL — Light Industrial

$ / SF

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Occupancy

89%

Clear height

24 ft

Loading docks

8

About this property

Newly Renovated Corner Industrial Condo Offering Approximately 2,500 Sq. Ft. Of Combined Office And Warehouse Space, Including Mezzanine. Functional Layout Features Approximately 1,000 Sq. Ft. Of Finished Office Space With Four Offices, Two Washrooms And Two Kitchenettes, Complemented By Approximately 1,500 Sq. Ft. Of Industrial/Warehouse Space. Equipped With 600-Amp Electrical Service, An Existing Industrial Drainage System In The Warehouse, And Brand-New Air Conditioning. Versatile Configuration Accommodates Administrative And Industrial Operations Under One Roof. Convenient Markham Road And McNicoll Avenue Location With Access To Highways 401 And 407. An Excellent Opportunity For An Owner-User Seeking Upgraded Office Space And Substantial Warehouse Capacity. Zoned E0.7 (Employment Industrial). Versatile Office And Warehouse Layout Offering Flexible Space For Business Operations, Warehousing And Storage. Municipal Zoning And Condominium Use Requirements Apply. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.38M
Down payment30% · $414K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$62K

Annual cash flow

$-14K

Cash-on-cash

-3.48%

DSCR

0.81

Going-in cap

4.50%

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

59,154

Households

24,757

Median income

$100,500

Median age

31.5

Daytime population

62,542

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 49 - 2721 MARKHAM ROAD, Toronto (Rouge).

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.