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$749,990 total
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Asset Class
Office
Size
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Building class
B
Zoning
DC1 — Direct Control
$ / SF
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Occupancy
94%
POWER OF SALE - VACANT POSSESSION IN LIBERTY SQUARE! Rare opportunity to own a bright 1,765 sq ft (common area included) office unit in Markham's premier Highway 7 corridor with immediate vacant possession - no tenants, no delays. Beautifully finished with 3 private offices plus a boardroom/meeting room, reception and waiting areas, kitchenette and storage. Ideal for law, medical/dental, financial services, consulting, mortgage or real estate office, or general office use - a turnkey unit in a 2007 AAA-quality building. Steps to Hwys 404/407, transit, shopping and dining. Priced to sell under power of sale - this one won't last! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$47K
Annual cash flow
$5K
Cash-on-cash
2.31%
DSCR
1.12
Going-in cap
6.23%
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.
Trade area within 3 miles of the property.
Population
55,559
Households
19,477
Median income
$82,500
Median age
40.7
Daytime population
90,635
5-yr growth
3.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 503 - 3601 HIGHWAY 7 E, Markham (Unionville).
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.