For Sale · Office

26-27 - 825 DENISON STREET, Markham (Milliken Mills West)

26-27 - 825 DENISON STREET, Markham (Milliken Mills West), ON L3R5E4

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

87%

About this property

Prime commercial corner unit featuring outstanding street exposure along Denison Street! This bright, versatile unit offers an open-concept enhanced by recessed pot lighting, large front display windows, and a reception counter. Functional back space includes a dedicated kitchenette with a sink, upper shelving, and base cabinet storage, alongside a private washroom and a dedicated storage/utility room. Set in a classic red-brick exterior with ample front surface parking, the property offers exceptional connectivity via nearby thoroughfares-including Warden Avenue, Woodbine Avenue, Steeles Avenue, Highway 7, Highway 407, and Highway 404-making it an ideal turn-key location for retail, showroom, studio, or professional office use. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

106,138

Households

39,576

Median income

$121,000

Median age

33.8

Daytime population

121,698

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 26-27 - 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.