Business For Sale · Office

803 - 7191 YONGE STREET, Markham (Grandview)

803 - 7191 YONGE STREET, Markham (Grandview), ON L3T0C4

Price on request

—

Asset Class

Office

Size

—

Building class

B

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

84%

About this property

entist, Law, Doctors, Insurance and other professional use subject to city zoning approval, Approval from condo available for medical use, 1,139 sq ft luxury corner office in the iconic Office on Yonge complex. High end professional building on Toronto's legendary Yonge Street, with lots of windows flood your space with natural light and panoramic northeast views. Enjoy the rare convenience of always available parking spaces of above ground and underground. Surrounded by upscale retail, fine dining, major banks with future subway access planned. Quick connections to Highway 407 and Highway 7. Current tenant leaves end of Nov 2026. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

93,523

Households

42,467

Median income

$122,500

Median age

36.3

Daytime population

94,858

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 803 - 7191 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.