


1/457 Mississauga AVE, Elliot Lake, ON P5A1E1
$500,000 total
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Asset Class
Specialty
Size
—
Building class
A
Zoning
US — Urban Services
$ / SF
—
Occupancy
95%
Year Built
1955
An incredible commercial opportunity awaits in Elliot Lake with the listing of Taxi Plus, a thriving and reputable local business that has successfully operated for over 10 years. This versatile offering provides immense flexibility for investors, as the corporate shares and the real estate can be purchased together as a complete package or separately to suit your portfolio goals. The included real estate features a substantial 3,000-square-foot facility, currently zoned C3 and utilized for Storage units, offering excellent potential for a variety of future operational or commercial uses. In addition to the corporate structure and real estate, the sale encompasses a comprehensive package of business assets, featuring a fully functional operational fleet of 7 vehicles, 1 spare vehicle, and additional parts vehicles to ensure smooth, continuous operations. Call today to schedule your private tour and explore the full potential of this premier Elliot Lake business opportunity. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$36K
Annual cash flow
$9K
Cash-on-cash
5.76%
DSCR
1.31
Going-in cap
7.27%
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
132,470
Households
57,340
Median income
$99,500
Median age
42.8
Daytime population
197,476
5-yr growth
1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 57 Mississauga AVE, Elliot Lake.
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.