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Business For Sale · Retail

1 - 1 HURONTARIO STREET, Mississauga (Port Credit)

1 - 1 HURONTARIO STREET, Mississauga (Port Credit), ON L5G0A3

Price on request

2,241 SF

Asset Class

Retail

Size

2,241 SF

Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

—

Occupancy

89%

About this property

This is your chance to lease a large 2241 sq ft unit in the heart of Port Credit. This Modern & Spacious Commercial Unit located in The luxury 23 Story Building At the corner Lakeshore & Hurontario. Ideally positioned with almost 30 feet of retail frontage on a high traffic street.This rare offering is strategically located adjacent to the Port Credit GO Station and future Hurontario LRT Station. Just minutes from Trillium Hospital, Mississauga City Centre and downtown Toronto (via the Port Credit GO), this is a unique chance to own high-exposure retail space in one of Mississauga's most dynamic and connected neighborhoods. Only Steps Away FromThe Lake With Great Exposure & lots of pedestrian traffic. Currently Operating As A Barbershop; Could Be Converted To many Other Uses but another Spa, Salon, Barber shop or Medical/Dental clinic would be ideal. The sale also Includes 8 Underground Parking Spots plus access to multiple Underground Visitor Parking Spaces. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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.

Rent roll (estimated)

TenantAreaExpiry
Cascade Foods Inc.1,291 SF2028-07
Cascade Foods Inc.456 SF2028-07
Cascade Foods Inc.400 SF2028-07

Area demographics

Trade area within 3 miles of the property.

Population

107,857

Households

40,525

Median income

$125,000

Median age

36.8

Daytime population

123,955

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for 1 - 1 HURONTARIO STREET, Mississauga (Port Credit).

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.