Business For Sale · Office

4400 HIGHWAY 7, Markham (Unionville)

4400 HIGHWAY 7, Markham (Unionville), ON L3R1M2

$2.8M total

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Asset Class

Office

Size

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Building class

C

Zoning

CO — Commercial Office

$ / SF

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Occupancy

84%

About this property

Exceptional opportunity to own a freestanding commercial building at 4400 Highway 7 in Markham! Offering approximately 3,105 sq. ft. of total space, including the basement. This property is ideally positioned on a prominent corner along busy Highway 7, providing outstanding street exposure and visibility. Ideal location for a professional office, restaurant, retail, hospitality, and more.The standalone building offers a strongstreet presence and flexibility for your business needs. The basement features office space, a kitchen, and two separate entrances/exits, offering convenient access and additional functional space. C1 zoning. An excellent opportunity for owner-users seeking a dedicated business location or investors looking to add a well-positioned commercial property to their portfolio. Excellent location with potential for rezoning. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.79M
Down payment30% · $837K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$13K

Projected NOI

$129K

Annual cash flow

$-25K

Cash-on-cash

-3.04%

DSCR

0.84

Going-in cap

4.63%

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

116,603

Households

45,690

Median income

$108,500

Median age

33.8

Daytime population

151,741

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 4400 HIGHWAY 7, Markham (Unionville).

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.