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Price on request
2,687 SF
Asset Class
Office
Size
2,687 SF
Building class
B
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
82%
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)
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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.
| Tenant | Area | Expiry |
|---|---|---|
| Blue Harbour Design | 1,225 SF | 2034-05 |
| Blue Harbour Design | 548 SF | 2034-05 |
| Blue Harbour Design | 438 SF | 2034-05 |
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.
Confidential diligence documents for 101 & 102 - 16 ESNA PARK DRIVE, 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.