1/23201 - 20 GIBSON DRIVE, Markham (Milliken Mills West)
201 - 20 GIBSON DRIVE, Markham (Milliken Mills West), ON L3R0M7
$2.2M 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
87%
About this property
Excellent opportunity to acquire a highly visible corner commercial unit in an established Markham commercial complex. Approx. 3,978 SF with three-sided exposure (east, south and north) along Warden Avenue, providing excellent visibility and natural light. Ideal for owner-users or investors looking to establish a long-term presence in a well-established commercial area. Surrounded by retail, restaurants and professional businesses, with ample on-site parking. Conveniently located just north of Steeles Avenue, steps to YRT/Viva/TTC transit and minutes to Highways 404, 407 and 401. A versatile commercial property in a prime Markham location with strong accessibility and exposure. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$10K
Projected NOI
$105K
Annual cash flow
$-16K
Cash-on-cash
-2.49%
DSCR
0.87
Going-in cap
4.79%
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
54,671
Households
19,986
Median income
$100,000
Median age
32.8
Daytime population
56,613
5-yr growth
6.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 201 - 20 GIBSON DRIVE, 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.