For Lease · Industrial

220 TORBAY ROAD, Markham (Milliken Mills West)

220 TORBAY ROAD, Markham (Milliken Mills West), ON L3R2P3

$20 per sq ft / yr

—

Asset Class

Industrial

Size

—

Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

89%

Lot Size

1.79 ac

Clear height

29 ft

Loading docks

13

About this property

Main Floor Office And Warehouse Opportunity In A Freestanding Building. The Bright Front Office Offers A Reception Area, Showrooms, Executive And Private Offices, A Boardroom, A Library And Separate Men's And Women's Washrooms, With Adjoining Warehouse Space Behind. Fenced Rear Yard And Heavy Power On Site. Steps To Public Transit With Fast Access To Highway 404. Plenty Of On-Site Parking For Employees And Visitors. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.64%

DSCR

0.80

Going-in cap

4.45%

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

51,521

Households

18,822

Median income

$62,500

Median age

39.9

Daytime population

58,027

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for 220 TORBAY ROAD, Markham (Milliken Mills West).

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.