For Sale · Retail

77 - 7181 YONGE STREET, Markham (Grandview)

77 - 7181 YONGE STREET, Markham (Grandview), ON L3T0C7

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

93%

About this property

Prime Corner Retail Space, World on Yonge Multi-Use Complex. Position your business for exceptional visibility in this premium corner retail unit located on the main level of the renowned World on Yonge complex. Featuring a modern, beautifully designed interior with high-end ceiling panels and integrated pot lighting, this space offers a polished, turn-key environment for established retailers, professional services, or wellness entrepreneurs.Three separate access points across both corner sides maximize foot traffic flow and offer easy spatial division for multi-functional operations. Newly installed vanity and dedicated water hookups make this an ideal setup for hair salons, nail studios, aesthetics, medical spas, or wellness clinics.Turn-Key Aesthetics: High-end interior finishes create an inviting, high-upscale atmosphere from day one. Situated steps from the high-volume Yonge & Steeles intersection, directly integrated within a master-planned community featuring four residential towers, a boutique hotel, a major supermarket, a vibrant food court, financial institutions, and medical offices. Exceptional transit connectivity with immediate access to local public transit and the future Subway Extension station.Visitor Convenience, Abundant ground-level and underground parking options for seamless client and employee access.This versatile, high-exposure unit presents a rare opportunity to secure a premier footprint in one of North York's most dynamic commercial hubs. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

138,614

Households

63,574

Median income

$136,000

Median age

36.2

Daytime population

206,835

5-yr growth

9.3%

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

Secure deal room

Confidential diligence documents for 77 - 7181 YONGE STREET, Markham (Grandview).

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.