










1/12305 - 2750 14TH AVENUE, Markham (Milliken Mills West), ON L3R0B6
Price on request
666 SF
Asset Class
Office
Size
666 SF
Building class
A
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
92%
Rare opportunity to lease an extra large, custom built with one standard units, combined professional office (666 sqft of useable space) in demand Markham location. Minutes to Hwy 400,407,401, major shopping plazas, Costco, banks, restaurant, transport routes. Value offered in much below the replacement cost, makes it a sound investment. TOP FLOOR, spacious and bright, highly functional unit. Superior floor plan incorporating offices, 1 meeting rooms with glass walls, and a storage room. Large open workplace, allow for multiple desks. Good security in the building and outside with multiple cameras, timed-in entry system. More than 200 surface parking spaces, plus some underground spots, free outdoor visitor parking. Freshly, re-painted, updated and cleaned and ready for turn-key possession. Ideal for multiple professional uses like: law firms, accounting, realty companies, tutoring/commercial schools, medical, acupuncture, wellness centre, spa, etc...) Reasonable maintenance fee includes all utilities and Internet. HST is in addition (commercial property). Deposit with certified funds. All measurements, financials to be verified by Buyer, Buyer's Realtor. Longer lease terms preferred. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$79K
Annual cash flow
$-4K
Cash-on-cash
-0.97%
DSCR
0.95
Going-in cap
5.25%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Northbridge Logistics | 424 SF | 2034-01 |
| Lakeview Physiotherapy | 400 SF | 2034-01 |
| Northbridge Logistics | 400 SF | 2034-01 |
| Northbridge Logistics | 400 SF | 2034-01 |
Trade area within 3 miles of the property.
Population
87,916
Households
41,233
Median income
$116,000
Median age
34.4
Daytime population
107,578
5-yr growth
4.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 305 - 2750 14TH AVENUE, Markham (Milliken Mills West).
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.