1/74 - 8392 KENNEDY ROAD, Markham (Unionville)
4 - 8392 KENNEDY ROAD, Markham (Unionville), ON L3R0W4
$888,000 total
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Asset Class
Retail
Size
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Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
89%
About this property
Excellent investment opportunity in the high-traffic New Kennedy Square plaza at Kennedy Rd & Hwy 7, one of Markham's busiest retail nodes. This approximately 829 sq ft commercial unit is currently tenant-occupied, offering immediate, stable cash flow from day one. Zoning permits a wide range of uses, including retail, restaurant, medical/wellness, professional services, and personal services, giving a future owner flexibility at lease renewal. The plaza offers plenty of outdoor parking and strong walk-in traffic, surrounded by dense residential neighbourhoods, and is minutes to Markville Mall, Downtown Markham, Hwy 407, and transit. A turnkey, income-producing asset in a fully active, high-demand plaza - ideal for an investor seeking a low-maintenance holding in a prime Markham location. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$44K
Annual cash flow
$-6K
Cash-on-cash
-2.12%
DSCR
0.89
Going-in cap
4.91%
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
145,062
Households
50,704
Median income
$119,500
Median age
36.4
Daytime population
178,970
5-yr growth
5.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 4 - 8392 KENNEDY ROAD, Markham (Unionville).
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.