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Price on request
—
Asset Class
Industrial
Size
—
Building class
A
Zoning
IB — Industrial Business
$ / SF
—
Occupancy
86%
Clear height
21 ft
Loading docks
12
Renovated and Upgraded unit in a prime Markham Location. Ground-floor industrial/office condo close to all amenities. Flexible layout with reception, offices, large open area with high ceiling, washroom, and Mezzanine ideal for many business, professional, and light industrial uses. Extras: Light fixtures, window coverings, and hot water tank. Water and parking included. Tenant pays Gas & Hydro. Commercial Tenant Application and Credit Check required. 5% annual rent escalation. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$71K
Annual cash flow
$-12K
Cash-on-cash
-2.69%
DSCR
0.85
Going-in cap
4.74%
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
134,734
Households
54,036
Median income
$79,000
Median age
43.6
Daytime population
121,628
5-yr growth
6.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1 - 145 ROYAL CREST COURT, 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.