For Sale · Industrial

#42 - 2355 DERRY ROAD E, Mississauga (Northeast)

#42 - 2355 DERRY ROAD E, Mississauga (Northeast), ON L5S1V6

$999,888 total

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

94%

Clear height

27 ft

Loading docks

14

About this property

Absolutely Priced To Sell, Turnkey, Office Condo unit. Perfect For A Professional Services Firm Or An Investor. Excellent Location With Many Amenities Nearby. Mix-Use Professional Office, Accounting, Insurance, Travel, Finance Office. Access To Public Transit. Main Floor Reception, Office, Boardrooms, Kitchen, Washroom & Second Floor Reception Area With 3 Private Offices And Washroom !! Good opportunity to own your personal unit for your business. Property is sold in "As is" condition. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1000K
Down payment30% · $300K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$55K

Annual cash flow

$-84

Cash-on-cash

-0.03%

DSCR

1.00

Going-in cap

5.53%

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

74,638

Households

32,713

Median income

$134,000

Median age

37.2

Daytime population

107,013

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for #42 - 2355 DERRY ROAD E, 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.