1/29390 WOODBINE AVENUE, Markham (Cachet)
9390 WOODBINE AVENUE, Markham (Cachet), ON L6C0M5
$658,000 total
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Asset Class
Retail
Size
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Building class
B
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
97%
About this property
Tenanted, Fully Equipped Food Court Unit at King Square Shopping Centre. This is one of the few available food court units at King Square Shopping Centre. With 4+5 years remaining on the lease and a steady $3,500/month rental income, this property represents a truly cash-flowing investment opportunity. King Square Shopping Centre is 340,000 sqft comprising of office, retail, restaurant, supermarket, gymnasium, virtual golf simulator, daycare, floral shop, dentist, doctor, fertility clinic, medical offices, cultural centre, roof top garden, and other amenities! Over 850 parking spots available including underground parking. Additional potential with increasing occupancy and development in the surrounding area. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$36K
Annual cash flow
$-656
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
73,439
Households
26,445
Median income
$99,000
Median age
32.2
Daytime population
104,383
5-yr growth
4.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 9390 WOODBINE AVENUE, Markham (Cachet).
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.