For Lease · Industrial

7 - 1299 ST MARY'S AVENUE, Mississauga (Lakeview)

7 - 1299 ST MARY'S AVENUE, Mississauga (Lakeview), ON L5E1H9

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IB — Industrial Business

$ / SF

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Occupancy

86%

Clear height

27 ft

Loading docks

6

About this property

Approximately 1,105 sq. ft. of versatile commercial/industrial space available for lease, suitable for a variety of permitted commercial operation uses, including light manufacturing, and warehousing, storage. Automotive-related uses are not permitted. Built in 2020, the unit features 15'5" ceilings, durable epoxy flooring and a washroom. MIT is included in the lease price, with metered electricity and gas extra. High-speed Starlink internet is available for $40/month. Newly paved access from the street to the entrance was completed in July 2026. Additional insulated storage space is available at 450 sq. ft. for $760/month or 900 sq. ft. for $1,520/month. Additional land is also available for lease. A flexible and functional space designed to accommodate a variety of business needs. Very accessible with a short pleasant drive up Dixie Road to OEW and 427 Interchange. Situated on a quiet road with extra parking. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

54,582

Households

21,463

Median income

$106,000

Median age

33.8

Daytime population

64,975

5-yr growth

3.5%

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

Secure deal room

Confidential diligence documents for 7 - 1299 ST MARY'S AVENUE, Mississauga (Lakeview).

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.