1221 Markham Road
1221 Markham Rd, Scarborough, ON, M1H 3E2
Sold
Property Highlights
-
- 4.7-acre lot zoned for mixed use development in Scarborough, Toronto sold for $20,250,000
- The site is situated near multiple amenities including the university campuses & shopping centres
- The asset had steady cash flow from the existing 30,000 SF retail plaza, all fully leased with demolition provisions
- The new development will consist up to 600,000 SF buildable density, 696 approved condo units within 3 towers and up to 28 storeys including townhomes.
Property Details
- Price: $20,250,000
- Property Type: Mixed Use
- Availability: Closed
- Transaction Type: Sold
Financial Summary
Investment Highlights
| Price | $0.00 |
| Price / Unit | $0.00 |
| Gross Rent Multiplier | 0.00 |
| Proposed Loan Amount | $0.00 |
| Initial Investment | $0.00 |
Income & Expenses
Income |
Potential |
Current |
Expense |
Potential |
Current |
Total Expenses |
$ 0.00 |
$ 0.00 |
| Net Operating Income | $0.00 | $0.00 |
| Less Debt Service | $0 | $0 |
| Potential Net Cash Flow | $0.00 | $0.00 |
| Cash on Cash Return | 0.00 % | 0.00 % |
| Capitalization Rate | 0.00 % | 0.00 % |
Rent Roll
Unit |
BR/BA |
Current Monthly Rent |
Potential Monthly Rent |
Status |
Lease Expires |
|
Totals |
$ 0.00 |
$ 0.00 |
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