Business For Sale · Office

413 - 3660 HURONTARIO STREET, Mississauga (City Centre)

413 - 3660 HURONTARIO STREET, Mississauga (City Centre), ON L5B3C4

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

87%

About this property

A single office space is available in a well-maintained, professionally owned and managed 10-storey office building, located in the vibrant Mississauga City Centre. This unit includes a plumbing line setup, offering great potential for hair or beauty services, with only a sink cabinet needed to complete the setup, making it versatile for various business needs. The prime location offers convenient access to Square One Shopping Centre as well as Highways 403 and QEW. Proximity to the city center offers a considerable SEO advantage when users search for "x in Mississauga" on Google. Additionally, both underground and street-level parking options are available for your convenience (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

84,901

Households

31,235

Median income

$131,500

Median age

38.2

Daytime population

82,669

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 413 - 3660 HURONTARIO STREET, Mississauga (City Centre).

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.