Business For Sale · Retail

7181 YONGE STREET, Markham (Grandview)

7181 YONGE STREET, Markham (Grandview), ON L3T0C7

$125,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

85%

About this property

High-exposure World on Yonge Ground floor Restaurant! Fully equipped, ready-to-operate restaurant with a devoted takeout following built over years. A built-in customer base surrounds you - shops, workplaces, residences and a hotel, all within the complex. seller is motivated. Appeals to investors and end users alike. Rent $7,781.37/mo incl. TMI & HST. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$125K
Down payment30% · $38K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$577

Projected NOI

$6K

Annual cash flow

$-1K

Cash-on-cash

-3.71%

DSCR

0.80

Going-in cap

4.43%

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

82,499

Households

36,411

Median income

$96,500

Median age

44.8

Daytime population

83,447

5-yr growth

2.8%

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

Secure deal room

Confidential diligence documents for 7181 YONGE STREET, Markham (Grandview).

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.