1/1615 - 16925 YONGE STREET, Newmarket (Central Newmarket)
15 - 16925 YONGE STREET, Newmarket (Central Newmarket), ON L3Y5Y1
$40 per sq ft / yr
—
Asset Class
Retail
Size
—
Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
—
Occupancy
90%
About this property
Outstanding commercial space in a vibrant plaza located near Yonge Street and William Roe Blvd. Well suited for a variety of uses includinggrocery, restaurant, medical office or florist. Positioned along one of Newmarket's most active commercial corridors, this unitbenefits fromstrong street visibility, consistent traffic flow, and convenient access for customers and employees. Surrounded by a mix ofestablished retailersand dense residential communities, the location offers an excellent opportunity to grow a strong customer base andestablish a long-termpresence in the area. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$2
Annual cash flow
$-1
Cash-on-cash
-4.51%
DSCR
0.76
Going-in cap
4.19%
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
75,258
Households
30,243
Median income
$98,000
Median age
33.7
Daytime population
85,546
5-yr growth
6.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 15 - 16925 YONGE STREET, Newmarket (Central Newmarket).
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.