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Investment signal

$388,000

102 - 7130 WARDEN AVENUE

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Beds

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Baths

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Sqft

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Year

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Type

Retail

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Markham (Milliken Mills West). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Great Investment Opportunity for An Ideal Affordable Unit at Alderland Center, *Great location at Warden / Gibson. Right at the entrance Corner Unit with two separate entrance doors. One door facing Parking Lot With High Visibility from Entrance To Plaza. other door beside the building entrance. Unit current used for Chinese medicine clinic. Can Be Used for Office, Retail Store, Personal Service Shop. Plenty Of Free Underground Parking Spaces. (id:65958)

Subtype: Retail
Structure: Retail
Community: Milliken Mills West
Living area: 496 square feet
On market: Nov 12, 2025
Status changed: Apr 20, 2026
Annual tax: $4,541.5
Zoning: Commercial/Retail
Photos: 7
MLS#: N12537046
Area: MARKHAM_(MILLIKEN_MILLS_WEST)

Features and systems

Parking

Underground

Heating

Forced airNatural gas

Cooling

Fully air conditioned

Negative cash flow ~$36/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-0.55%

Cap rate

4.75%

GRM

13.5

Break-even rent

$2,437

Financing

Down payment$77,600

Loan amount$310,400

Mortgage$1,573/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$178

Insurance$80

Maintenance$323

CapEx reserve$162

Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,573/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.