Business For Sale · Office

418 - 3660 HURONTARIO STREET, Mississauga (City Centre)

418 - 3660 HURONTARIO STREET, Mississauga (City Centre), ON L5B3C4

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

93%

About this property

This single office space boasts a unique advantage with its two-sided windows, providing you with a captivating street view. Meticulously maintained, professionally owned, and managed 10-storey office building, this location is strategically positioned in the bustling Mississauga City Centre area. The proximity to the renowned Square One Shopping Centre, as well as convenient access to Highways 403 and QEW, ensures both business efficiency and accessibility. Additionally, being near the city center gives a substantial SEO boost when users search for terms like "x in Mississauga" on Google. For your convenience, both underground and street-level parking options are at your disposal. Experience the perfect blend of functionality, convenience, and a vibrant city atmosphere in this exceptional office space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

42,801

Households

19,531

Median income

$128,000

Median age

36.1

Daytime population

58,511

5-yr growth

5.3%

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

Secure deal room

Confidential diligence documents for 418 - 3660 HURONTARIO STREET, Mississauga (City Centre).

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.