



1/5994 WESTPORT CRESCENT, Mississauga (Northeast), ON L5T1G1
$549,999 total
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Asset Class
Specialty
Size
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Building class
A
Zoning
US — Urban Services
$ / SF
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Occupancy
90%
Sale of business only. *STUNNING HIGH-END MULTIMEDIA EVENT CENTER & HALL- TURNKEY OPPORTUNITY*Exceptional opportunity to acquire an elegant, professionally equipped multimedia & event center accommodating approximately *150-180 in-person guests, with capabilities to connect **hundreds of additional virtual attendees*.Designed for weddings, corporate events, media productions, private parties and special celebrations, this sophisticated venue combines stylish décor with a versatile, modern event setup.*Features include:* Large built-in screens for presentations, videos and personalized event displays.* Complete professional sound and music system.* Professional event lighting, disco lighting and adjustable multi color ambient lighting.* Optical zoom cameras for event coverage, recording and virtual participation.* Multimedia capabilities for hybrid events connecting in-person and remote guests.* Elegant interiors and a fully turnkey setup. An excellent opportunity for an event planner, or entrepreneur seeking a professionally equipped banquet hall with potential for Weddings, social, corporate and multimedia bookings.*Approximate rent: $10,000/month. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$32K
Annual cash flow
$2K
Cash-on-cash
1.19%
DSCR
1.06
Going-in cap
5.90%
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.
Trade area within 3 miles of the property.
Population
130,130
Households
47,635
Median income
$124,500
Median age
37.3
Daytime population
167,933
5-yr growth
3.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 994 WESTPORT CRESCENT, Mississauga (Northeast).
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.