For Sale · Industrial

45 MCINTOSH DRIVE, Markham (Buttonville)

45 MCINTOSH DRIVE, Markham (Buttonville), ON L3R8C7

$8.4M total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IB — Industrial Business

$ / SF

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Occupancy

95%

Lot Size

1 ac

Clear height

32 ft

Loading docks

14

About this property

Rarely available! 17,454 sq. ft. freestanding industrial facility on a 1-acre corner site at the high-traffic intersection of Highway 7 and Woodbine. Unmatched connectivity to Highways 404 and 407 positions this property as a strategic central hub. Prestigious EMP "BP" Business Park zoning permits a rare range of premium uses beyond traditional industrial zoning, including: a hotel, cannabis establishment, craft brewery, financial institution, fitness centre, recreation, and veterinary clinic, offering exceptional flexibility and revenue potential for investors and owner-users. The building features an 88% office build-out with a very efficient, natural light filled layout. Private and executive offices with large windows are complemented by a central boardroom with accent lighting, multiple meeting rooms, a large main reception, additional reception areas with dedicated exterior entrances, and a spacious lunchroom with tables and booth seating. The warehouse is clean and bright with plenty of natural light, one large truck level door, and 13' clear ceiling height. The building and property show pride of ownership and have been meticulously maintained with significant capital upgrades: LED lighting (2022); 11 new rooftop HVAC units (2020); professionally paved parking lot (2021); exterior concrete walls refinished (parged) in 2024. The roof is approximately 11 years old. The site accommodates 57 parking spaces including 27 covered stalls. The facility is fully sprinklered and there is plenty of power with 800 amp 600 volt service. This is a rare, turnkey, flagship opportunity in one of the region's most sought after commercial corridors. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$8.40M
Down payment30% · $2.52M
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$39K

Projected NOI

$457K

Annual cash flow

$-8K

Cash-on-cash

-0.33%

DSCR

0.98

Going-in cap

5.44%

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

124,137

Households

43,448

Median income

$126,500

Median age

35.1

Daytime population

151,520

5-yr growth

2.7%

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

Secure deal room

Confidential diligence documents for 45 MCINTOSH DRIVE, Markham (Buttonville).

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.