For Sale · Office

2C12 - 7215 GOREWAY DRIVE, Mississauga (Malton)

2C12 - 7215 GOREWAY DRIVE, Mississauga (Malton), ON L4T2T8

$75,000 total

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

94%

About this property

Excellent Opportunity To start your Own Business or Investment Property in Westwood Square Mall ; 2nd floor Unit approximately 109 Sqft ;Property is currently Tenanted ; Tenant Can Leave Or Can Stay. Ideal Opportunity For Retail Small Business Or any Business such as Professional / Consulting or Travelling ; Corner Unit, Glass On All Three Sides, Close To The Food Court In The Mall. Walmart, Shoppers Drug Mart, Lcbo, All Major Banks, Tim Hortons, Freshco, All In The Same Plaza. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$75K
Down payment30% · $23K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$346

Projected NOI

$5K

Annual cash flow

$539

Cash-on-cash

2.40%

DSCR

1.13

Going-in cap

6.26%

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

103,428

Households

43,225

Median income

$123,000

Median age

34.5

Daytime population

121,754

5-yr growth

2.1%

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

Secure deal room

Confidential diligence documents for 2C12 - 7215 GOREWAY DRIVE, Mississauga (Malton).

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.