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$189,000 total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
—
Occupancy
89%
*World on Yonge* Prime Corner Retail Opportunity! Excellent cornmer retail unit located in omeof the busiest corridors of the complex, directly connected to four residential towers. The World on Yonge complex also features office buildings, a hotel, a shopping mall, a supermarket, | banks, restaurants, and numerous other amenities. This beautifully finished corner unit offers excellent exposure and high pedestrian traffic, making it ideal for retail, professionaloffices, medical, or service-related businesses, subject to condominium rules and required approvals.Ample surface and underground visitor parking. Prime location at Yonge St. & Steeles Ave., with convenient access to public transit, Highways 407 & 404, and the future Yonge Subway Extension. Ready for immediate occupancy at an excellent price. An excellent opportunity for investors, entrepreneurs, start-ups, and business owners seeking to establish or expand their business in the highly desirable World on Yonge Complex, offering a prestigious business address and exceptional convenience. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$873
Projected NOI
$9K
Annual cash flow
$-1K
Cash-on-cash
-2.12%
DSCR
0.89
Going-in cap
4.91%
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.
Trade area within 3 miles of the property.
Population
121,325
Households
53,752
Median income
$94,500
Median age
33
Daytime population
132,824
5-yr growth
6.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 228 - 7163 YONGE STREET, Markham (Thornhill).
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.