For Sale · Industrial

38 - 6770 DAVAND DRIVE, Mississauga (Northeast)

38 - 6770 DAVAND DRIVE, Mississauga (Northeast), ON L5T2G3

$820,000 total

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

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Occupancy

91%

Clear height

32 ft

Loading docks

5

About this property

Industrial condo unit offering approximately 1,800 sq. ft. of functional space. Ideally situated with quick access to Pearson Airport, major highways, and nearby amenities. Part of Peel Condominium Corporation No. 384, providing a well-managed and professionally maintained complex. (id:66811)

Financial sandbox

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Estimate
Purchase price$820K
Down payment30% · $246K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$42K

Annual cash flow

$-3K

Cash-on-cash

-1.30%

DSCR

0.93

Going-in cap

5.15%

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

97,862

Households

42,391

Median income

$82,500

Median age

39.3

Daytime population

127,005

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for 38 - 6770 DAVAND DRIVE, Mississauga (Northeast).

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.