For Sale · Industrial

35 - 6770 DAVAND DRIVE, Mississauga (Northeast)

35 - 6770 DAVAND DRIVE, Mississauga (Northeast), ON L5T2G3

$1.6M total

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Asset Class

Industrial

Size

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Building class

C

Zoning

IL — Light Industrial

$ / SF

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Occupancy

95%

Clear height

25 ft

Loading docks

2

About this property

Large approximately 3,600 sq. ft. double industrial condo unit offering expansive, versatile space. Ideally positioned with quick access to Pearson Airport, major highways, and nearby amenities. Part of Peel Condominium Corporation No. 384, within a well-managed and professionally maintained complex. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.64M
Down payment30% · $492K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$89K

Annual cash flow

$-2K

Cash-on-cash

-0.36%

DSCR

0.98

Going-in cap

5.43%

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

58,767

Households

21,209

Median income

$117,500

Median age

37.6

Daytime population

79,619

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 35 - 6770 DAVAND DRIVE, 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.