Competitive Market Survey - Woodbine Steeles Submarket
Survey Completed By Stewart Valuation Ltd. Toronto, Ontario
Back to Stewart Valuation Ltd.
|
Location
|
Building Identification
|
NRA
|
Class |
Age |
Asking
Rent
|
Type
|
Target
NER
|
Tax &
Op.
|
Gross
Rate
|
Target
GER
|
Vacant
Space
|
Vacancy
Rate
|
|
600 Alden Rd.
|
Markham Gate
|
114,000
|
A
|
1990
|
$12.00 |
Face |
$10.50 |
$9.00 |
$21.00 |
$19.50 |
-
|
0.00%
|
|
105 Gordon Baker Rd.
|
Cosmopolitan Corp. Centre PH1
|
144,644
|
A
|
1985 |
$10.50 |
Face |
$8.00 |
$13.62 |
$24.12 |
$21.62 |
6,758
|
4.67%
|
|
111 Gordon Baker Rd.
|
Cosmopolitan Corp. Centre
|
167,579
|
A
|
1988 |
$13.50 |
Face |
$10.00 |
$13.83 |
$27.33 |
$23.83 |
16,341
|
9.75%
|
|
|
|
|
|
|
|
$12.50 |
$13.83 |
$13.83 |
$26.33 |
|
|
|
80 Micro Court
|
80 Micro Court
|
78,220
|
A
|
1989
|
$12.00
|
Face |
$10.50 |
$9.55 |
$21.55 |
$20.05 |
$20,273
|
25.92%
|
|
3000 Steels Ave.E.
|
PhaseI, The Gateway Centre
|
185,156
|
A
|
1981 |
$13.00 |
Face |
$12.00 |
$10.19 |
$23.19 |
$22.19 |
6,158
|
7.23%
|
|
3000 Steels Ave.E.
|
PhaseII, The Gateway Centre
|
149,229
|
A
|
1987 |
$13.50 |
Face |
$11.50 |
$10.60 |
$24.10 |
$22.10 |
4,064
|
2.72%
|
|
7300 Warden Ave.
|
The DeMacro Atrium
|
143,000
|
A
|
1990 |
$10.00 |
NER |
$10.00 |
$9.30
|
$19.30 |
$19.30 |
-
|
0.00%
|
|
7030 Warden Ave.
|
Woodbine Steeles Office Park
|
119,067
|
A
|
1988 |
$12.00 |
Face |
$11.50 |
$10.55 |
$22.55 |
$22.05 |
-
|
0.00%
|
|
7030 Warden Ave.
|
Woodbine Steeles Office Park
|
52,071
|
A
|
1982 |
$12.00 |
Face |
$11.50 |
$10.19 |
$22.19 |
$21.69 |
1,339
|
2.57%
|
|
7100 Warden Ave.
|
Woodbine Steeles Office Park
|
117,937
|
A
|
1985 |
$12.00 |
Face |
$11.50 |
$10.19 |
$22.19 |
$21.69 |
2,895
|
2.45%
|
|
3160 Steeles Ave.E.
|
Wycliffe Park
|
24,000
|
B
|
1981 |
$7.00 |
Face |
$6.00 |
$11.50 |
$18.50 |
$17.50 |
1,900
|
7.92%
|
|
3190 Steeles Ave.E.
|
3190 Steeles Ave.E.
|
58,471
|
A
|
1985 |
$12.00 |
Face |
$10.00 |
$9.08 |
$21.08 |
$19.08 |
2,124
|
3.63%
|
|
|
1,253,374
|
|
|
|
|
|
|
|
|
61,852
|
4.93%
|
|