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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$790,000
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Professional Two Units Office 808 & 809,1408 Sq Ft Gross .Facing South With Big Windows! Bright And Transparent, Excellent Layout ,In Prime Markham Location! Liberty Square Class 'A' ' Next To Hilton Suite Hotel, Markham Town Centre, And More Residential Buildings. Suitable For Many Uses Include Medical. Education, Schools, Shopping Mall, Yrt And Viva Transit Right At The Door. Close To Highways 404 And 407. very good view & Condition. **** EXTRAS **** Perfect Layout, Professional Office Rooms , Meeting Room, Reception With Waiting Area, Lots Of Free Surface Parking And Over 700 Free Underground Parking Lots, High Rental Income For The Investor! (id:39198)
Location
Province
Ontario
City
Markham
Address
#808-809 -3601 Highway 7 E Ave E
Postal Code
L3R0M3
Location Highlights
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Listed by
AIMHOME REALTY INC. Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
1,408
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$790,000
Asking Price
$790,000
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
1,408
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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