106 - 4591 HIGHWAY 7 HIGHWAY E, Markham (Unionville)
For Sale · Office

106 - 4591 HIGHWAY 7 HIGHWAY E, Markham (Unionville)

106 - 4591 HIGHWAY 7 HIGHWAY E, Markham (Unionville), ON L3R1M6

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

98%

About this property

PRIME main-floor professional office with 767 sq ft provides prominent exposure to busy Highway 7! LOCATION LOCATION LOCATION! Grow your business with use of LED PYLON SIGN AND BUILDING SIGNAGE! Recently renovated this outstanding suite is currently occupied by an insurance company and offers kitchenette and flexible professional layout. Two private entrances and ample on-site parking provide excellent convenience for staff and clients.Perfect for insurance, accounting, legal, financial, consulting, medical, physio, IT, veterinary clinic or other professional uses. Conveniently located close to public transit, Unionville GO, 407, Markham Pan Am centre, parks, restaurants, banks, shopping mall, daycare..everything just steps away! ...An excellent opportunity for a business seeking an attractive , accessible and high-visibility location in a well maintained boutique building! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

142,025

Households

49,533

Median income

$97,500

Median age

32.2

Daytime population

224,086

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for 106 - 4591 HIGHWAY 7 HIGHWAY E, 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.