Business For Sale · Office

301 - 345 RENFREW DRIVE, Markham (Buttonville)

301 - 345 RENFREW DRIVE, Markham (Buttonville), ON L3R9S9

$998,000 total

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

98%

About this property

Prime Corner Office With 3-Sided Exposure & Modern Layout. Discover this Beautifully Renovated Second-Floor Corner Office Space in a Two-Story Building, Offering the Perfect Blend of Functionality and Comfort. With Three Sides of Natural Light Exposure, It Creates a bright,inviting work environment. This Modern and Functional Layout Includes: A Welcoming Reception Area. Two Private Offices for Focused Work. Large Boardroom with Wall-to-Wall Glass Doors,Perfect for Meetings and Presentations. An Open Central Area that Seamlessly Connects to Four Workstations, Ideal for Collaboration. A Well-Equipped Kitchen and Washroom For Added Convenience. Ample Storage Space to Keep Your Workspace Organized. Plenty of Free Parking for Both Visitors and Employees. This Office is Ideal for Businesses Seeking Accessibility and a professional setting.Prime location near Woodbine and Hwy 7-16th. It offers convenient access to Major Transit Routes (VIVA & YRT), shopping, popular eateries, and Mature Communities. Quick connectivity to Highway 404 and 407. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$998K
Down payment30% · $299K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$71K

Annual cash flow

$15K

Cash-on-cash

5.09%

DSCR

1.28

Going-in cap

7.07%

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

123,496

Households

54,094

Median income

$91,500

Median age

43.1

Daytime population

192,387

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 301 - 345 RENFREW DRIVE, Markham (Buttonville).

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.