1/24309 - 712 DAVIS DRIVE, Newmarket (Gorham-College Manor)
309 - 712 DAVIS DRIVE, Newmarket (Gorham-College Manor), ON L3Y8C3
$489,900 total
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Asset Class
Office
Size
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Building class
B
Zoning
CB2 — Central Business
$ / SF
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Occupancy
89%
About this property
Own your Commercial Medical Office within walking distance to Southlake Regional Health Centre. This lovely renovated corner unit features a large medical, dental & healthcare uses, or for investors looking to be close to Southlake Hospital. Plenty of on site parking for patients/visitors, and easy access along Davis Drive. Sale includes 1 underground parking space. Furniture and equipment negotiable for turnkey medical office solution. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$30K
Annual cash flow
$3K
Cash-on-cash
1.71%
DSCR
1.09
Going-in cap
6.05%
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
138,974
Households
62,003
Median income
$126,000
Median age
37
Daytime population
161,069
5-yr growth
3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 309 - 712 DAVIS DRIVE, Newmarket (Gorham-College Manor).
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.