Business For Sale · Specialty

6 - 245 QUEEN STREET S, Mississauga (Streetsville)

6 - 245 QUEEN STREET S, Mississauga (Streetsville), ON L5M1L7

$129,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

93%

About this property

LOCATION LOCATION LOCATION! Located in the heart of Streetsville, this business benefits from a prime, high visibility location in one of Mississauga's most charming and well established communities. Surrounded by popular shops, restaurants, festivals and events year round, the area enjoys consistent foot traffic, excellent vehicle exposure, and easy access to major roads and transportation. With a strong local customer base and a welcoming village atmosphere, this location offers an outstanding opportunity for continued growth and long term success. Lots of Foot Traffic, Great Signage, Parking Available at Rear and on the Street. Can Be Converted Into Any Approved Business With Proper Permits. Low rant and TMI! THE BUSINESS BRAND AND NAME IS NOT INCLUDED. (id:66811)

Financial sandbox

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Estimate
Purchase price$129K
Down payment30% · $39K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$596

Projected NOI

$9K

Annual cash flow

$2K

Cash-on-cash

4.23%

DSCR

1.23

Going-in cap

6.81%

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

116,959

Households

50,870

Median income

$70,500

Median age

41.3

Daytime population

101,712

5-yr growth

1.3%

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

Secure deal room

Confidential diligence documents for 6 - 245 QUEEN STREET S, Mississauga (Streetsville).

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.