For Sale · Office

89-90-91-92 MF - 7393 MARKHAM ROAD, Markham (Cedarwood)

89-90-91-92 MF - 7393 MARKHAM ROAD, Markham (Cedarwood), ON L3S0B5

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

99%

About this property

Bright and efficient professional office space in a well-maintained multi-tenant plaza setting in Markham's Cedarwood community. Offering approximately 1400 sq. ft., this clean and functional unit presents an excellent opportunity for a variety of professional and service-based uses, including a walk-in clinic, medical centre, dental office, private tutoring centre, or professional office, subject to applicable zoning and approvals. The space offers a practical layout that can be efficiently configured to suit individual practitioners, small teams, or client-focused businesses. Located within an established multi-tenant complex with ample on-site parking, providing convenient access for clients, patients, staff, and visitors. Positioned near a major intersection, the property offers excellent connectivity to surrounding residential communities, amenities, transit routes, and established commercial services. Municipal utilities are available, and the building is equipped with gas forced-air heating for year-round comfort. Vacant and ready for immediate occupancy, this space offers an attractive opportunity for businesses, practitioners, and service providers looking to establish or expand their presence in a convenient and growing Markham location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

49,219

Households

20,516

Median income

$96,500

Median age

43.7

Daytime population

63,365

5-yr growth

3.4%

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

Secure deal room

Confidential diligence documents for 89-90-91-92 MF - 7393 MARKHAM ROAD, Markham (Cedarwood).

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.