Business For Sale · Retail

2011 - 8333 KENNEDY ROAD, Markham (Village Green-South Unionville)

2011 - 8333 KENNEDY ROAD, Markham (Village Green-South Unionville), ON L3R5T5

$299,000 total

—

Asset Class

Retail

Size

—

Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

—

Occupancy

98%

About this property

Great location in the heart of Markham, close to York U, T & T supermarket, schools, professional offices, shopping centers, residential area, restaurants, Good for investment or self operating business. Good for retail, studio, show room, office, beauty services etc The buyer needs to assume the existing tenant's lease until terms expire. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$299K
Down payment30% · $90K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$21K

Annual cash flow

$5K

Cash-on-cash

5.13%

DSCR

1.28

Going-in cap

7.08%

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

95,793

Households

40,622

Median income

$121,000

Median age

32.3

Daytime population

153,082

5-yr growth

7.3%

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

Secure deal room

Confidential diligence documents for 2011 - 8333 KENNEDY ROAD, Markham (Village Green-South Unionville).

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.