For Sale · Retail

203 - 2855 MARKHAM ROAD, Toronto (Rouge)

203 - 2855 MARKHAM ROAD, Toronto (Rouge), ON M1X0C3

$169,500 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

85%

About this property

Turnkey Professional Office In Prime Scarborough Location. Approx 265 Sq Ft Modern Suite (Unit203) Featuring Contemporary Vinyl Plank Flooring, Glass Entry Door, And Built-In Kitchenette with Cabinetry And Countertop - Move In And Start Working Day One. Bright And Well-Maintained Unit In A Well-Managed Multi-Use Professional Building At Markham Rd & McNicoll. Easy Access to Hwy 401 & 407, TTC Routes, And Nearby Amenities. Ample Visitor Parking Available. Ideal for Mortgage Brokerage, Accounting, Insurance, Consulting, Immigration Services, Tax Preparation, Marketing Agency, Or Any Professional Office Use. Perfect For Entrepreneurs And Small Teams Looking For An Affordable Turnkey Office With Low Overhead. Don't Miss This Opportunity To Own Your Own Professional Space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$170K
Down payment30% · $51K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$783

Projected NOI

$8K

Annual cash flow

$-2K

Cash-on-cash

-3.37%

DSCR

0.82

Going-in cap

4.53%

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

41,747

Households

15,287

Median income

$132,000

Median age

34.2

Daytime population

41,770

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 203 - 2855 MARKHAM ROAD, Toronto (Rouge).

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.