Business For Sale · Retail

101 - 7163 YONGE STREET, Markham (Thornhill)

101 - 7163 YONGE STREET, Markham (Thornhill), ON L3T0C8

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

96%

About this property

Great Location To Open Your Business Opportunity On Yonge Street (World On Yonge Condo Multi Complex) With 4Residential Towers, Ground Floor Corner Unit Next To Main Entrance. Ample Underground FREE Parking Space For TenantAnd Visitors.THE FORMER TENANT WAS "KUNGFU BUBBLE TEA" GOOD FOR USE OF DOCTOR'S CLINIC,DENTIST, PHARMACY, CHIROPRACTORS, SPA, HAIR SALON, PROFESSIONAL OFFICE, RETAILS AND ETC.,THELISTING PRICE IS GROSS LEASE PLUS HST (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

113,011

Households

46,632

Median income

$64,500

Median age

38.4

Daytime population

170,343

5-yr growth

0.6%

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

Secure deal room

Confidential diligence documents for 101 - 7163 YONGE STREET, Markham (Thornhill).

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.