For Sale · Office

211-C - 320 MATHESON BOULEVARD W, Mississauga (Gateway)

211-C - 320 MATHESON BOULEVARD W, Mississauga (Gateway), ON L5R3R1

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

93%

About this property

Prima Spaces offers modern, flexible workspaces in Mississauga's Heartland Town Centre at 320 Matheson Blvd W. Conveniently located near Highways 401, Hurontario Street and Mavis Road, the space includes free parking, 24/7 access, high-speed WiFi, fully furnished private offices, hot desks, meeting rooms, daily cleaning, mail handling, complimentary coffee and onsite support. With bright, modern interiors and over 180 shops, restaurants and services nearby, Prima Spaces provides a professional and convenient workspace for entrepreneurs, professionals and growing teams. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

72,186

Households

29,746

Median income

$101,000

Median age

34.6

Daytime population

62,548

5-yr growth

3.8%

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

Secure deal room

Confidential diligence documents for 211-C - 320 MATHESON BOULEVARD W, 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.