For Lease · Retail

SECOND FLOOR - 1712 LAKESHORE RD ROAD W, Mississauga (Clarkson)

SECOND FLOOR - 1712 LAKESHORE RD ROAD W, Mississauga (Clarkson), ON L2J2K8

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

97%

About this property

Excellent leasing opportunity in a well-established commercial area near Lakeshore in Mississauga. Approx. 1,050 sq. ft. second-floor commercial space featuring 5 private rooms, a reception area and 1 washroom. Each room is equipped with a sink and water supply. C4-65 zoning allows for a variety of commercial uses. The existing layout is particularly suitable for personal service, office, medical office/clinic and many other permitted uses. Gross rent approx. $2,600/month including TMI. Landlord is willing to offer a long-term lease to a qualified tenant. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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.

Area demographics

Trade area within 3 miles of the property.

Population

62,827

Households

28,440

Median income

$99,500

Median age

31.9

Daytime population

92,008

5-yr growth

0.8%

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

Secure deal room

Confidential diligence documents for SECOND FLOOR - 1712 LAKESHORE RD ROAD W, Mississauga (Clarkson).

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.