1/443 - 885 LAKESHORE ROAD E, Mississauga (Lakeview)
3 - 885 LAKESHORE ROAD E, Mississauga (Lakeview), ON L5E1E2
Price on request
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Asset Class
Retail
Size
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Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
82%
About this property
Excellent opportunity for a small business seeking approximately 1,000 sq. ft. of versatile store, office or retail space along high-traffic Lakeshore Road East. Ideally suited for a soft-use business with conventional weekday operating hours (Monday to Friday). The space features 3 enclosed rooms, a kitchenette & a 3-piece bathroom. A second bathroom is currently used for storage and can be converted back if required. Two outdoor sheds provide additional storage. Excellent street exposure in a vibrant lakeside community. Includes two designated parking spaces at the rear, with access to the back parking area. Tenant to pay separately metered hydro, gas and water, plus maintenance fees and insurance. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$66K
Annual cash flow
$-17K
Cash-on-cash
-3.83%
DSCR
0.79
Going-in cap
4.39%
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
61,921
Households
21,853
Median income
$72,500
Median age
39.5
Daytime population
84,369
5-yr growth
1.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3 - 885 LAKESHORE ROAD E, Mississauga (Lakeview).
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.