For Sale · Retail

A11 - 4300 STEELES AVENUE E, Markham (Milliken Mills East)

A11 - 4300 STEELES AVENUE E, Markham (Milliken Mills East), ON L3R0Y5

$229,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

86%

About this property

***Prime Location***Famous Pacific Mall With Tourism Attraction. This Great Unit Locates Close To The side loading entry. Opens 365 Days/Year, Lots Of Exposure To Walk-In Clientele, Especially Younger Generation, Good & Stable Rent, Retail Store Suits Many Kinds Of Businesses. Largest Chinese Mall With Total Square Footage Of 270,000 Sq Ft. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$229K
Down payment30% · $69K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$11K

Annual cash flow

$-2K

Cash-on-cash

-3.05%

DSCR

0.83

Going-in cap

4.63%

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

136,451

Households

52,149

Median income

$128,000

Median age

37.5

Daytime population

126,337

5-yr growth

3.3%

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

Secure deal room

Confidential diligence documents for A11 - 4300 STEELES AVENUE E, Markham (Milliken Mills East).

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.