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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

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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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