For Sale · Office

L3 - 1149 LAKESHORE ROAD E, Mississauga (Lakeview)

L3 - 1149 LAKESHORE ROAD E, Mississauga (Lakeview), ON L5E1E8

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CO — Commercial Office

$ / SF

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Occupancy

91%

About this property

EMARKS FOR CLIENTS This 447-square-foot open space is a versatile and thoughtfully designed area currently functioning as a Decor Studio. Its layout features slatwall along one side, providing an excellent opportunity for product displays or visual merchandising, making it perfect for businesses looking to showcase their offerings in a professional setting. Equipped with built-in screens and a quick HDMI hookup, the space is ideally suited for hosting training sessions, seminars, orientations, and interactive presentations. The open design fosters engagement and collaboration, while the landlord is happy to install doors for added privacy. This mixed-use space can be easily retrofitted to accommodate a variety of business needs whether you require an event area, a product showroom, or a flexible workspace. Additional conveniences include shared access to a full kitchen and bathrooms located on the same lower level, ensuring comfort and practicality for you and your team throughout the workday. Abundant onsite parking makes access easy for employees and guests. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

62,050

Households

23,329

Median income

$134,500

Median age

39

Daytime population

92,269

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for L3 - 1149 LAKESHORE ROAD E, Mississauga (Lakeview).

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.