1/12206 - 1585 MARKHAM ROAD, Toronto (Malvern)
206 - 1585 MARKHAM ROAD, Toronto (Malvern), ON M1B2W1
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
91%
About this property
Spacious Professional Office Space Located In A Prime Location At Markham Road & Sheppard Avenue East. This Move-In-Ready Unit Features 3 Private Offices, A 2-Piece Ensuite Washroom And3 Exclusive Underground Parking Spots. Ideal For A Variety Of Professional And Service Oriented Businesses, Including Law Firms, Insurance Brokers, Mortgage Professionals, Accounting Firms, IT Companies And More. Conveniently Located In A High Traffic Area With Excellent Accessibility And Visitor Parking. Tenant Is Responsible For Base Rent, TMI, Utilities & Obtaining Their Own Insurance. An Excellent Opportunity To Establish Or Grow Your Business In A Desirable Commercial Location. Don't Miss This Opportunity! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
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
138,680
Households
64,010
Median income
$68,500
Median age
37.9
Daytime population
204,350
5-yr growth
6.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 206 - 1585 MARKHAM ROAD, Toronto (Malvern).
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.