For Sale · Office

233 - 3465 PLATINUM DRIVE, Mississauga (Churchill Meadows)

233 - 3465 PLATINUM DRIVE, Mississauga (Churchill Meadows), ON L5M7N4

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

85%

About this property

Turnkey second-floor office space in very busy plaza at Eglinton Ave & Ninth Line. Professionally finished ~673 sq. ft. unit featuring 3 private offices, open reception area, and small kitchen. Interior-facing location within the plaza, ideal for a variety of professional uses. Perfect opportunity to launch or relocate your business in a high-density, rapidly growing neighborhood. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

143,578

Households

54,532

Median income

$78,000

Median age

41.7

Daytime population

175,710

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for 233 - 3465 PLATINUM DRIVE, 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.