For Sale · Retail

2A04 - 7215 GOREWAY DRIVE N, Mississauga (Malton)

2A04 - 7215 GOREWAY DRIVE N, Mississauga (Malton), ON L4T0B4

$239,000 total

—

Asset Class

Retail

Size

—

Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

—

Occupancy

89%

About this property

Discover a prime location. 158 sq feet unit in the Westwood square's food court one of the Mississauga's Busiest Westwood mall shopping mall open 7 days a week. Unit allow for a variety of use "Beyond food, including retail service businesses or professional office good size & excellent choice for small business owner for any type of business office one of the best location, ample parking and convenient transit access, close to all banks like to royal bank such CIBC bank a Condo fees heat building includes Heart, Building insurance but Hydro buyer needs to pay. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$239K
Down payment30% · $72K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$12K

Annual cash flow

$-1K

Cash-on-cash

-2.03%

DSCR

0.89

Going-in cap

4.93%

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

116,896

Households

46,000

Median income

$100,000

Median age

31.4

Daytime population

123,307

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 2A04 - 7215 GOREWAY DRIVE N, Mississauga (Malton).

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.