Business For Sale · Retail

174 - 7181 YONGE STREET, Markham (Thornhill)

174 - 7181 YONGE STREET, Markham (Thornhill), ON L3T0C7

$219,900 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

84%

About this property

Prime Main-Floor Commercial Location at World on Yonge Exceptional opportunity to establish your business in a prime main-floor location within the prestigious World on Yonge complex. Surrounded by a vibrant mix of retail, services, restaurants, supermarket, offices, hotel, and four high-rise residential towers, this location offers excellent exposure and a steady flow of potential customers . Ideal for a wide range of retail and service businesses, with ample surface and underground visitor parking for your clients and customers. Conveniently located near public transit, major highways, and the future subway Extension. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$220K
Down payment30% · $66K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$12K

Annual cash flow

$-20

Cash-on-cash

-0.03%

DSCR

1.00

Going-in cap

5.53%

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

77,848

Households

33,869

Median income

$78,000

Median age

40.5

Daytime population

118,815

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 174 - 7181 YONGE STREET, Markham (Thornhill).

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.