1/9111 - 1585 MARKHAM ROAD, Toronto (Malvern)
111 - 1585 MARKHAM ROAD, Toronto (Malvern), ON M1B2W1
$149,900 total
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Asset Class
Specialty
Size
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Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
84%
About this property
Exceptional turnkey opportunity featuring a beautifully finished, ground-floor commercial unit currently operating as an optical store and physiotherapy clinic. Excellent visibility in a densely populated residential area surrounded by apartment buildings, offering strong exposure and pedestrian activity. Features four finished rooms and a washroom. Long-term lease available, with water included in condo fees. Potential for dental or other healthcare-related use, subject to zoning and condo approvals. Buyers and agents to verify taxes, measurements, zoning, and permitted uses. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$692
Projected NOI
$8K
Annual cash flow
$-427
Cash-on-cash
-0.95%
DSCR
0.95
Going-in cap
5.26%
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
142,288
Households
55,923
Median income
$127,500
Median age
37.1
Daytime population
150,603
5-yr growth
8.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 111 - 1585 MARKHAM ROAD, Toronto (Malvern).
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.