For Sale · Office

402 - 218 EXPORT BOULEVARD, Mississauga (Gateway)

402 - 218 EXPORT BOULEVARD, Mississauga (Gateway), ON L5T1Y4

$989,900 total

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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

82%

About this property

Prime Mississauga Professional Office Space - 1,100 Sq. Ft.! Excellent opportunity to own or establish your business in a prestigious, modern 6-storeyoffice condominium building, approximately 3 years old. Ideally situated facing Derry Road, near the Mississauga/Brampton border, with convenient access to Highways 401, 407 & 410 and Pearson International Airport. Professionally finished interior featuring glass partitions, 2private offices, reception and waiting area, boardroom, workstation area, kitchen and washroom. Functional and versatile layout, ideal for accounting, insurance, real estate, medical, immigration, legal, consulting and various other professional uses. Underground parking included. A great opportunity to establish your business in a convenient and professional setting! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$990K
Down payment30% · $297K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$46K

Annual cash flow

$-8K

Cash-on-cash

-2.82%

DSCR

0.85

Going-in cap

4.69%

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

142,676

Households

54,725

Median income

$111,000

Median age

34.5

Daytime population

222,589

5-yr growth

6.1%

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

Secure deal room

Confidential diligence documents for 402 - 218 EXPORT BOULEVARD, 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.