For Lease · Retail

35 - 7725 BIRCHMOUNT ROAD, Markham (Milliken Mills West)

35 - 7725 BIRCHMOUNT ROAD, Markham (Milliken Mills West), ON L3R9X3

Price on request

—

Asset Class

Retail

Size

—

Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

—

Occupancy

86%

About this property

Bright & Versatile Commercial Space for Lease in Downtown Markham! Prime location surrounded by shops, restaurants, residential communities, and major amenities. Convenient access to Highways 407 & 401, public transit,, and surrounding Markham neighbourhoods. Plenty of surface parking available for staff and clients. Tenant to verify permitted use. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

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.

Area demographics

Trade area within 3 miles of the property.

Population

55,663

Households

24,315

Median income

$78,500

Median age

45

Daytime population

51,395

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 35 - 7725 BIRCHMOUNT ROAD, 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.