Business For Sale · Office

400A - 6605 HURONTARIO STREET, Mississauga (Gateway)

400A - 6605 HURONTARIO STREET, Mississauga (Gateway), ON L5T0A3

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

88%

About this property

Exceptional opportunity to lease approximately 5,000 square feet of fully built-out, dedicated office space on the fourth floor of a prominent six-storey professional office building at 6605 Hurontario Street, Mississauga. Part of an entire floor offering over 10,000 SF, with flexible demising options to accommodate various business requirements, including approximately 2,500 SF units. Situated in the highly desirable Gateway Corporate District, this impressive building features BMO Financial Group on the main floor, ample on-site parking and an established corporate environment. Strategically located at Hurontario Street and Courtneypark Drive, providing convenient access to Highways 401, 410 and 407, Toronto Pearson International Airport and the surrounding GTA. Excellent public transit accessibility, with MiWay service along Hurontario Street and the future Courtneypark Station on the Hazel McCallion LRT line, connecting commuters to Mississauga City Centre, Brampton and GO Transit. Surrounded by established businesses, restaurants, hotels and numerous amenities. An excellent opportunity for businesses seeking professional office space in a highly accessible and convenient corporate location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

94,907

Households

43,694

Median income

$115,000

Median age

32.1

Daytime population

119,506

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 400A - 6605 HURONTARIO STREET, Mississauga (Gateway).

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.