For Lease · Office

202 - 190 MAIN STREET, Markham (Unionville)

202 - 190 MAIN STREET, Markham (Unionville), ON L3R2G9

$20 per sq ft / yr

—

Asset Class

Office

Size

—

Building class

B

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

98%

About this property

There are office spaces - and then there are addresses that say something about your business. Rare opportunity to establish your business in the heart of historic Main Street Unionville! This charming approx. 1,188 sq. ft. second-floor office is located within a landmark heritage property recognized as the site of Unionville's first store and post office, dating back to approx. 1850. A bright, functional layout offers a spacious boardroom, two generously sized private offices, welcoming reception area and kitchenette with dishwasher. Professional yet full of character, this is a unique alternative to the typical corporate office setting. Fronting directly onto Main Street Unionville, your business benefits from excellent visibility, high-traffic exposure and signage opportunities in one of Markham's most recognizable destinations. Restaurants, cafés, boutiques, patios, shopping and year-round community events are all just steps away. Unionville isn't simply somewhere people pass through - it's somewhere people come to. From festivals and summer concerts to seasonal events and holiday celebrations, Main Street attracts visitors throughout the year. Walk it. Drive it. Park it. Convenient surface parking is available at the rear, with transit and Unionville GO nearby. Perfect for an established professional, growing business or entrepreneur looking for a distinguished address with history, character and visibility. When the address matters, this one is hard to beat. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.14%

DSCR

0.88

Going-in cap

4.90%

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

87,129

Households

30,854

Median income

$126,000

Median age

38

Daytime population

125,191

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 202 - 190 MAIN STREET, Markham (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.