Business For Sale · Office

400B - 6605 HURONTARIO STREET, Mississauga (Gateway)

400B - 6605 HURONTARIO STREET, Mississauga (Gateway), ON L5T0A3

Price on request

—

Asset Class

Office

Size

—

Building class

C

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

86%

About this property

Excellent opportunity to lease approximately 2,500 square feet of fully built-out, dedicated office space on the fourth floor of a prominent six-storey professional office building at 6605 Hurontario Street, Mississauga. Part of an entire floor offering over 10,000 SF, with additional space available to accommodate growing business requirements. Situated in the highly desirable Gateway Corporate District, this impressive building features BMO Financial Group on the main floor, ample on-site parking and an established professional environment. Strategically located at Hurontario Street and Courtneypark Drive, with convenient access to Highways 401, 410 and 407, Toronto Pearson International Airport and the surrounding GTA. Excellent public transit accessibility, with MiWay service along Hurontario Street and the future Courtneypark Station on the Hazel McCallion LRT line, providing enhanced connectivity throughout Mississauga and Brampton. Surrounded by established businesses, restaurants, hotels and numerous amenities. An ideal opportunity for professional firms and businesses seeking a convenient, well-connected office location with room to grow. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

48,360

Households

18,848

Median income

$88,000

Median age

42.5

Daytime population

79,229

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 400B - 6605 HURONTARIO STREET, Mississauga (Gateway).

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.