For Sale · Office

Unknown

Unknown, ON

Price on request

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Asset Class

Office

Size

—

Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

94%

About this property

Prime Mississauga commercial opportunity near Dixie & Midway Blvd. Professionally finished 702 sq ft unit currently improved as office space featuring 3 private offices, reception area, kitchenette, and private washroom. Excellent street exposure with large front windows and ample common parking. Flexible E3 zoning permits a variety of retail, office, and service commercial uses including professional office, consulting, studio, insurance, accounting, travel, and showroom uses. Convenient access to Highways 401, 403, 410 & 427 and public transit. Gross monthly rent of $2,300 includes base rent, TMI, and HST. Tenant responsible for utilities. Immediate possession available. Tenant to verify permitted use independently. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

51,298

Households

18,730

Median income

$88,000

Median age

44.6

Daytime population

76,065

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for Unknown.

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.