For Sale · Retail

2E11 & 12 - 9390 WOODBINE AVENUE, Markham (Cachet)

2E11 & 12 - 9390 WOODBINE AVENUE, Markham (Cachet), ON L6C0M5

$108,888 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

95%

About this property

Combined commercial units located on the second floor of King Square Shopping Centre, a 340,000 sq ft indoor commercial centre in Markham. Excellent positioning within the building just steps from the escalator, providing strong built-in visibility. Clean and professional environment with a wide mix of businesses operating throughout the centre. Features high ceilings, large open atrium space, and anchor tenants including King Square Sports Centre and Full Fresh Supermarket that help support activity throughout the building. Ample surface and underground parking available for owners and clients. Conveniently located near Woodbine & 16th with quick access to Highway 404, offering excellent accessibility across Markham and the GTA. Great opportunity for business starters, owner-users, or investors seeking an accessible entry point into the commercial market. (id:66811)

Financial sandbox

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Estimate
Purchase price$109K
Down payment30% · $33K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$503

Projected NOI

$7K

Annual cash flow

$785

Cash-on-cash

2.40%

DSCR

1.13

Going-in cap

6.26%

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

142,726

Households

60,395

Median income

$134,000

Median age

39.5

Daytime population

201,853

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for 2E11 & 12 - 9390 WOODBINE AVENUE, Markham (Cachet).

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.