Business For Sale · Office

213 - 3465 PLATINUM DRIVE, Mississauga (Churchill Meadows)

213 - 3465 PLATINUM DRIVE, Mississauga (Churchill Meadows), ON L5M2S1

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

91%

About this property

LOCATION! LOCATION! LOCATION!Modern Office Space for Lease - Prime Mississauga LocationOffice available immediately in one of Mississauga's busiest and most desirable commercialareas, with high pedestrian and vehicle traffic and excellent exposure!Beautifully designed second-floor office spaces offer a modern and professional environment,ideal for professionals, entrepreneurs, and small businesses looking to start, expand, orrelocate their business.4 private office roomsSpace for 3 cubicles and receptionLarge, bright windows overlooking Ridgeway DriveEnsuite kitchenetteCloset and storage spaceElevator access to the second floorAmple parking availableLocated in a high-density retail plazaExcellent visibility and convenient locationTMI: $15 per sq. ft.This is an excellent opportunity to establish your business in a high-traffic commercial areasurrounded by retail, restaurants, and other businesses, providing excellent exposure.DO NOT MISS THE OPPORTUNITY!!! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

111,850

Households

43,601

Median income

$102,500

Median age

31.7

Daytime population

167,733

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for 213 - 3465 PLATINUM DRIVE, Mississauga (Churchill Meadows).

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.