1/6BASEMENT OFFICE - 711 YONGE STREET, Midland
BASEMENT OFFICE - 711 YONGE STREET, Midland, ON L4R2E1
Price on request
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Asset Class
Office
Size
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Building class
B
Zoning
DC1 — Direct Control
$ / SF
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Occupancy
96%
About this property
Available Immediately! Excellent Opportunity To Lease Clean And Private Commercial Office Space In The Heart Of Midland. Conveniently Located With Plenty Of On-Site Parking And Shared Access To Washroom Facilities. The Building Is Home To An Established Martial Arts Academy On The Main Level, Creating A Professional And Active Commercial Environment. All-Inclusive Lease Includes Utilities, Property Taxes And Snow Removal, Making For Simple And Predictable Monthly Occupancy Costs. Ideal For A Variety Of Professional Office Or Service Uses. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$84K
Annual cash flow
$775
Cash-on-cash
0.17%
DSCR
1.01
Going-in cap
5.59%
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
69,859
Households
25,132
Median income
$95,000
Median age
46
Daytime population
98,767
5-yr growth
4.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for BASEMENT OFFICE - 711 YONGE STREET, Midland.
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.