For Lease · Land

PART 2 - 10873 KENNEDY ROAD, Markham

PART 2 - 10873 KENNEDY ROAD, Markham, ON L6C1P2

Price on request

—

Asset Class

Land

Size

—

Building class

B

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

90%

About this property

PRIME MARKHAM LOCATION - FLEXIBLE LEASE OPPORTUNITY! Exceptional opportunity to lease approximately 600 sq. ft. in a highly desirable location, ideal for a variety of business uses! Split Utilities. Featuring a private entrance, excellent street exposure, large windows providing abundant natural light, and a flexible layout that can be divided to suit your business needs. Ideal for garden centre, florist, art studio, and professional offices, studio, workshop, contractors, technicians, light industrial, service businesses, storage, and more, subject to permitted uses. Additional outdoor storage may be arranged. Situated on a fully fenced and secured property with surveillance cameras, ample parking, and convenient street access. Minutes to Hwy 404! Flexible lease terms and possession dates available. Perfect for entrepreneurs, independent professionals, and growing businesses seeking an affordable and convenient location! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

127,742

Households

58,945

Median income

$114,000

Median age

35.6

Daytime population

152,204

5-yr growth

2.1%

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

Secure deal room

Confidential diligence documents for PART 2 - 10873 KENNEDY ROAD, Markham.

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.