For Lease · Office

12 - 245 RIVIERA DRIVE, Markham (Milliken Mills West)

12 - 245 RIVIERA DRIVE, Markham (Milliken Mills West), ON L3R5J9

$15.95 per sq ft / yr

—

Asset Class

Office

Size

—

Building class

B

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

96%

About this property

Well Maintained Industrial Building. A Corner Unit Consisting Of A Good Mix Of Privates, Kitchenette, Storage Area And Side Man Door. Easy Access To Hey 404 And Hwy 407. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$16
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

1.59%

DSCR

1.09

Going-in cap

6.02%

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

108,989

Households

45,953

Median income

$134,000

Median age

34.3

Daytime population

144,551

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 12 - 245 RIVIERA DRIVE, Markham (Milliken Mills West).

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.