1/23201 - 20 GIBSON AVENUE, Markham (Milliken Mills West)
201 - 20 GIBSON AVENUE, Markham (Milliken Mills West), ON L3R0M7
$25 per sq ft / yr
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Asset Class
Retail
Size
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Building class
A
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
99%
About this property
Excellent opportunity to lease a highly visible corner commercial unit in an established Markham commercial complex. Approx. 3,978 SF with exposure on three sides (east, south and north) along Warden Avenue, offering excellent natural light and visibility. Surrounded by a strong mix of retail, restaurant and professional businesses with ample on-site parking. Conveniently located just north of Steeles Avenue, steps to YRT/Viva/TTC transit and minutes to Highways 404, 407 and 401. Commercial Retail zoning provides flexibility for a variety of business uses. Tenant responsible for TMI, utilities and insurance. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$2
Annual cash flow
$1
Cash-on-cash
7.46%
DSCR
1.40
Going-in cap
7.78%
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
76,565
Households
29,013
Median income
$90,000
Median age
44.9
Daytime population
122,863
5-yr growth
5.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 201 - 20 GIBSON AVENUE, Markham (Milliken Mills West).
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.