For Sale · Office

101 - 620 ALDEN ROAD, Markham (Milliken Mills West)

101 - 620 ALDEN ROAD, Markham (Milliken Mills West), ON L3R9R7

Price on request

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Asset Class

Office

Size

—

Building class

C

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

86%

About this property

Excellent Location Just West Of Warden Ave. Lots Of Windows, Ground Floor, Campus Setting, Minutes From 407, T.T.C. And Markham Transit At Door. Lessee To Pay All Utilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

84,024

Households

34,124

Median income

$91,500

Median age

44.6

Daytime population

80,525

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 101 - 620 ALDEN ROAD, Markham (Milliken Mills West).

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.