Business For Sale · Office

22 - 6645 KITIMAT ROAD, Mississauga (Meadowvale Business Park)

22 - 6645 KITIMAT ROAD, Mississauga (Meadowvale Business Park), ON L5N6J3

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

84%

About this property

Amazing Opportunity To Run Your Business In A Beautiful Complex With Exposure On Kitimat Rd/Close Proximity To 400 Series Hwys. Landscaped Grounds. Bright, spacious, functional layout; professional office environment. Well-Appointed Offices Include Reception, Private Executive Offices/Showrooms/Boardrooms/Kitchen/Open Areas; Create Your Own All-Encompassing Gym/ Amenities; Abundant Built In Wall-To-Wall Storage. Washrooms/Handicap Facilities- 1 Glass Shower. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

142,316

Households

65,834

Median income

$105,500

Median age

33.2

Daytime population

165,534

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 22 - 6645 KITIMAT ROAD, Mississauga (Meadowvale Business Park).

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.