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Business For Sale · Office

23 - 7895 TRANMERE DRIVE, Mississauga (Northeast)

23 - 7895 TRANMERE DRIVE, Mississauga (Northeast), ON L5S1V9

Price on request

1,500 SF

Asset Class

Office

Size

1,500 SF

Building class

B

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

83%

About this property

1,500 SF FULLY FINISHED PROFESSIONAL OFFICE | MAIN LEVEL | DERRY RD & DIXIE RD. Move-in-ready professional office in a well-maintained, 24-hour secured commercial condominium. Has functional layout featuring a welcoming reception area, four private offices, boardroom, kitchen, administrative area, and storage. Ample visitor parking available. Excellent access to Highways 401, 407 and 410, and just minutes from Pearson International Airport. Ideal for a variety of professional uses, including accounting, engineering, consulting, insurance, real estate, mortgage, legal, and other professional services. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Meridian Health Group727 SF2027-07
Meridian Health Group400 SF2027-07
Meridian Health Group400 SF2027-07
Meridian Health Group400 SF2027-07

Area demographics

Trade area within 3 miles of the property.

Population

128,055

Households

45,447

Median income

$106,500

Median age

34.1

Daytime population

216,019

5-yr growth

4.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 23 - 7895 TRANMERE DRIVE, Mississauga (Northeast).

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.