1/126 - 570 HOOD ROAD, Markham (Milliken Mills West)
6 - 570 HOOD ROAD, Markham (Milliken Mills West), ON L3R4G7
Price on request
—
Asset Class
Industrial
Size
—
Building class
C
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
89%
Clear height
34 ft
Loading docks
13
About this property
RARE LAB-READY SPACE IN MARKHAM! Exceptional opportunity to lease approximately 1,120 sq. ft. of professionally renovated and purpose-configured space ideally suited for wet lab, laboratory, biotech, pharmaceutical, R&D, testing or medical-related uses. Featuring multiple dedicated lab/work areas, 3-phase power, office/support space and a grade-level shipping door for convenient receiving and deliveries. Located in an established Markham business and life-sciences corridor with excellent access to Highway 404, Highway 407 and major arterial roads. An excellent opportunity for users looking to avoid the significant cost and lead time associated with converting conventional commercial space for specialized laboratory operations. Move-in-ready infrastructure offers a rare turnkey opportunity for growing science, research and medical businesses. Three assigned parking spaces plus visitor parking. Uses subject to zoning and applicable approvals. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$75K
Annual cash flow
$-8K
Cash-on-cash
-1.83%
DSCR
0.90
Going-in cap
4.99%
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
135,916
Households
48,873
Median income
$66,500
Median age
40.8
Daytime population
159,385
5-yr growth
6.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 6 - 570 HOOD ROAD, Markham (Milliken Mills West).
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.