For Sale · Industrial

8 - 2355 DERRY ROAD E, Mississauga (Northeast)

8 - 2355 DERRY ROAD E, Mississauga (Northeast), ON L5S1V6

$969,900 total

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Asset Class

Industrial

Size

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Building class

C

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

88%

Clear height

32 ft

Loading docks

7

About this property

Prime 2-storey industrial condominium in Mississauga, minutes from Pearson Airport and Highways 407, 427, 401, and 410. Located in a thriving business hub with convenient access to Brampton, this versatile property features two units with separate entrances. The main floor offers 6 offices, a reception area, washroom, and warehouse space, while the upper level includes 4 offices, a reception area, kitchenette, washroom, and private outdoor space. Ideal for owner-users, including professional services, wholesale, and light manufacturing businesses, or investors seeking a flexible income-generating opportunity. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$970K
Down payment30% · $291K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$46K

Annual cash flow

$-7K

Cash-on-cash

-2.56%

DSCR

0.86

Going-in cap

4.77%

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

101,272

Households

39,455

Median income

$80,000

Median age

39.3

Daytime population

115,461

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for 8 - 2355 DERRY ROAD E, Mississauga (Northeast).

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.