For Sale · Industrial

22 - 825 DENISON STREET, Markham (Milliken Mills West)

22 - 825 DENISON STREET, Markham (Milliken Mills West), ON L3R5E4

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

95%

Clear height

18 ft

Loading docks

7

About this property

This 1,694 sq. ft. industrial unit offers an ideal balance of functional office layout and operational storage, featuring a reception area, two private enclosed offices, and a dedicated boardroom with glass partition walls for seamless workflow and daylight. The space includes a convenient kitchenette with cabinet storage, two washrooms, and a rear warehouse equipped with a grade-level shipping door. Convenience is a priority here, as the unit is strategically situated in close proximity to prominent transportation arteries. With easy access to Warden Avenue, Woodbine Avenue, Steeles Avenue, Highway 7, Highway 407, and Highway 404, reaching your destinations. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

131,395

Households

53,831

Median income

$126,500

Median age

36.5

Daytime population

176,354

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for 22 - 825 DENISON STREET, Markham (Milliken Mills West).

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.