Business For Sale · Office

503 - 3601 HIGHWAY 7 E, Markham (Unionville)

503 - 3601 HIGHWAY 7 E, Markham (Unionville), ON L3R0M3

$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%

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$750K
Down payment30% · $225K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 503 - 3601 HIGHWAY 7 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.