Business For Sale · Office

101 & 102 - 16 ESNA PARK DRIVE, Markham (Milliken Mills West)

101 & 102 - 16 ESNA PARK DRIVE, Markham (Milliken Mills West), ON L3R5X1

Price on request

2,687 SF

Asset Class

Office

Size

2,687 SF

Building class

B

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

82%

About this property

Located in a well-established Markham business area near Highways 404 and 407, this versatile property offers a professional workspace with convenient access to public transit, a strong local labour pool, and ample free surface parking. The approximately 2700 sq. ft. furnished office features two private separate entrances and access to additional office space, ideal for private meetings, client consultations, or dedicated work areas. Shared amenities between the two units include a reception area, boardroom, washrooms, and kitchenette. The layout is well suited to start-ups, established businesses, or companies seeking additional office space. The configuration provides flexibility for a range of business operations. Please note that certain uses are restricted, including food-related operations, heavy manufacturing, places of worship, daycares, and woodworking. With its flexible layout, professional office amenities, and convenient transportation access, this property presents a practical leasing opportunity for businesses seeking office space in Markham. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design1,225 SF2034-05
Blue Harbour Design548 SF2034-05
Blue Harbour Design438 SF2034-05

Area demographics

Trade area within 3 miles of the property.

Population

84,520

Households

36,191

Median income

$63,000

Median age

40.5

Daytime population

132,840

5-yr growth

3.6%

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

Secure deal room

Confidential diligence documents for 101 & 102 - 16 ESNA PARK DRIVE, Markham (Milliken Mills West).

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.