Business For Sale · Office

301 - 345 RENFREW DRIVE, Markham (Buttonville)

301 - 345 RENFREW DRIVE, Markham (Buttonville), ON L3R9S9

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

95%

About this property

Prime Corner Office With 3-Sided Exposure & Modern Layout. Discover this Beautifully Renovated Second-Floor Corner Office Space in a two-story building that offers the perfect blend of Functionality and Comfort. With Three Sides of Natural Light Exposure, It Creates a Bright and Inviting Work Environment. This Modern and Functional Layout Includes: A Welcoming Reception Area. Two Private Offices for Focused Work. Large Boardroom with a Wall-to-Wall Glass Partition on One Side, Perfect for Meetings and Presentations. An Open Central Area that Seamlessly Connects to Four Workstations, Ideal for Collaboration. A Well-Equipped Kitchen and Washroom For Added Convenience. Ample Storage Space to Keep Your Workspace Organized. Plenty of Free Parking for Both Visitors and Employees. This Office is Ideal for Businesses Seeking Accessibility and a professional setting. Prime location near Woodbine and Hwy 7-16th. It offers convenient access to Major Transit Routes(VIVA & YRT), shopping, popular eateries, and Mature Communities. Quick connectivity to Highway 404 and 407. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

128,016

Households

53,332

Median income

$82,000

Median age

40.9

Daytime population

157,604

5-yr growth

7.3%

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

Secure deal room

Confidential diligence documents for 301 - 345 RENFREW DRIVE, Markham (Buttonville).

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.