







1/925 - 3460 PLATINUM DRIVE, Mississauga (Churchill Meadows), ON L5M7N4
$1.7M total
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Asset Class
Retail
Size
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Building class
C
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
86%
RIDGEWAY PLAZA! Absolutely Amazing & Rare Unit For Sale in One of the 4 Plaza Strips Along Platinum Drive. Own a Piece of one of the Hottest Plazas in the GTA in One of the Most Sought After and Best Locations. Outstanding Exposure and All of the Most Top Tier Businesses & Restaurants are Located Here. Parking Lot is Always Full in this Location. In This Location is Where all the Action is Happening, and it is Hard to Get a Spot Here. The Unit is Equally Visible from Platinum Drive & From the Main Parking Lot Driveway, For Best of Both Worlds for Exposure. Hundreds of Thousands of Dollars has Been Poured into The Unit as Leasehold Improvements. Overly Spacious 1021 Sqft Rectangular Shape for Ultimate Efficiency. You will Get to be the Landlord to one of the Newest and Hottest Tenants with an Active, Successful, and Growing Business. Just Buy, Sit Back & Relax, Enjoy Your Rental Income, and Elevate Your Investment Portfolio with this High Profile Asset that You Will Feel so Happy to Show and Share and Brag to Your Friends, Family and Collogues! Many of the Other Units are Located in Blocked Off Areas with No Exposure, Not so Great Neighbors, and Away from all the Action - But Not this Unit! It is in the Centre of All the Action! You Should See it For Yourself. Don't Miss Out on Something Like this, it Doesn't Come Knocking Often, Get a Good Piece of the Pie Before It's Too Late, and Join One of the Most Prestigious Club of Owners of RIDGEWAY PLAZA! (id:66811)
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Monthly debt service
$8K
Projected NOI
$78K
Annual cash flow
$-16K
Cash-on-cash
-3.16%
DSCR
0.83
Going-in cap
4.59%
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.
Trade area within 3 miles of the property.
Population
102,588
Households
38,124
Median income
$100,000
Median age
45.4
Daytime population
107,646
5-yr growth
8.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 25 - 3460 PLATINUM DRIVE, Mississauga (Churchill Meadows).
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.