Business For Sale · Office

300 - 3660 HURONTARIO STREET, Mississauga (City Centre)

300 - 3660 HURONTARIO STREET, Mississauga (City Centre), ON L5B3C4

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

83%

About this property

This expansive 1,001 sq. ft. office boasts a welcoming reception area and three private rooms, including one with stunning street and outdoor views - ideal for a professional and inviting workspace. Situated in a meticulously maintained, professionally managed 10-storey building in the heart of Mississauga City Centre, it provides easy access to Square One Shopping Centre and major highways 403 and QEW. Additionally, being near the city center gives a substantial SEO boost when users search for terms like "x in Mississauga" on Google. Underground And Street Level Parking Available, and a café will soon be opening on the ground floor, adding convenience for staff and visitors. Ideal for a professional workspace, this prime location combines functionality, accessibility, and the vibrant energy of the city. (id:66811)

Financial sandbox

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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.

Area demographics

Trade area within 3 miles of the property.

Population

146,586

Households

58,664

Median income

$97,500

Median age

31.4

Daytime population

247,886

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 300 - 3660 HURONTARIO STREET, Mississauga (City Centre).

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.