Business For Sale · Specialty

A301 - 3020 THOMAS STREET, Mississauga (Churchill Meadows)

A301 - 3020 THOMAS STREET, Mississauga (Churchill Meadows), ON L5M0R4

$199,900 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

93%

About this property

Rare Opportunity to Buy an Established & Profitable Family Walkin / Medical Clinic in the thriving area of Churchill Meadows in Mississauga. Large1873 Sq ft area with 6 Examination rooms, 1 Operating & Procedure Room, 2 Offices, 2 Washrooms & the large reception area. Excellent Revenue, Lower rent with rent rebate, Lease 1 + 5 years & Higher net Income. All existing Chattels, Fixtures, Equipment's, Computers, Server, Lab equipment's/machines & Stock are included in AS IS conditions. Ideal for any new or seasoned doctor to get into Turnkey Family Medical Practice, Possibility of other medical/relevant non-medical non-competitive use (ONLY in addition with the Walkin clinic) subject to the zoning and landlord approval. No dental use. Won't last, Just View & Buy! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$200K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$923

Projected NOI

$15K

Annual cash flow

$4K

Cash-on-cash

5.84%

DSCR

1.32

Going-in cap

7.29%

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

110,205

Households

46,567

Median income

$64,500

Median age

39.9

Daytime population

146,560

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for A301 - 3020 THOMAS STREET, Mississauga (Churchill Meadows).

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.