Business For Sale · Industrial

UNIT 11 - 10950 WOODBINE AVENUE, Markham (Victoria Square)

UNIT 11 - 10950 WOODBINE AVENUE, Markham (Victoria Square), ON L6C3L4

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

83%

Clear height

22 ft

Loading docks

2

About this property

Prime Location with Modern Features 3012 Sqft Industrial/Commercial Unit In Markham Facing Woodbine Ave !! Offering convenient access to Highways 404 and 407, as well as other major routes, this property is ideal for businesses seeking connectivity and convenience. Located within an employment business park, the flexible zoning permits a wide range of uses. The unit features: Double-glazed aluminum entrance doors, Impressive 24' clear ceiling height, Drive-in door (14' x12') Rooftop HVAC system for year-round comfort ,This is a rare opportunity to secure a versatile space in a highly sought-after area !!! AUTO REPAIR NOT PERMITTED !!! !! UNIT FINISHED WITH WASHROOM AND OFFICE SPACE !!! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

78,351

Households

28,761

Median income

$106,500

Median age

45.2

Daytime population

123,873

5-yr growth

3.3%

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

Secure deal room

Confidential diligence documents for UNIT 11 - 10950 WOODBINE AVENUE, Markham (Victoria Square).

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.