For Sale · Retail

42 - 3470 PLATINUM DRIVE, Mississauga (Churchill Meadows)

42 - 3470 PLATINUM DRIVE, Mississauga (Churchill Meadows), ON L5M7N4

$1.4M total

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

98%

About this property

One of the Hottest Location in Mississauga !! An Opportunity to establish a business, Located In A Very Busy & Prestige Plaza Of Mississauga (Eglinton & Ridgeway), high density neighborhood, Churchill meadows community !!! Bring in any type of retail business!!!Situated in a well-established and highly active commercial plaza surrounded by a diverse mix of businesses, this property offers excellent exposure, accessibility, and convenience. The corner positioning provides added visibility and frontage, making it an attractive opportunity for both owner-users and investors. A rare opportunity to secure commercial ownership in a strategically located and rapidly developing GTA West corridor. Excellent location, flexible potential, and strong visibility -ideal for businesses looking to establish or expand their presence. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.44M
Down payment30% · $432K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$249

Cash-on-cash

0.06%

DSCR

1.00

Going-in cap

5.56%

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

107,341

Households

49,890

Median income

$86,000

Median age

44.1

Daytime population

167,918

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 42 - 3470 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.