Business For Sale · Office

226 (ROOM1) - 7181 WOODBINE AVENUE, Markham (Milliken Mills West)

226 (ROOM1) - 7181 WOODBINE AVENUE, Markham (Milliken Mills West), ON L3R1A3

Price on request

120 SF

Asset Class

Office

Size

120 SF

Building class

A

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

92%

About this property

Bright 120 sq. ft. Newly renovated and move-in ready, offering a modern, professional office environment with utilities included. Features large windows and access to a walk-out balcony. Conveniently located just minutes north of Woodbine Avenue and Steeles Avenue, with excellent access to Highways 404 and 407. TTC and Viva transit stops are within walking distance, and ample free on-site parking is available for tenants. An excellent opportunity for businesses seeking convenient, accessible office space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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
Vector Robotics400 SF2033-06
Vector Robotics400 SF2033-06

Area demographics

Trade area within 3 miles of the property.

Population

49,786

Households

20,369

Median income

$97,000

Median age

33.8

Daytime population

83,218

5-yr growth

9.4%

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

Secure deal room

Confidential diligence documents for 226 (ROOM1) - 7181 WOODBINE AVENUE, 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.