For Lease · Land

1480 DERRY ROAD E, Mississauga (Northeast)

1480 DERRY ROAD E, Mississauga (Northeast), ON L5T1B5

Price on request

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Asset Class

Land

Size

—

Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

87%

Lot Size

0.5 ac

About this property

Rare opportunity to lease Mississauga's busiest and most visible intersections. Located at the high-traffic corner of Dixie & Derry Rd., just minutes from Toronto Pearson International Airport and surrounded by major industrial, commercial, and employment hubs.The site offers excellent exposure, easy access, an additional drive lane, and a convenient bus stop at the corner, providing strong potential for consistent customer traffic.Potential uses include food truck operations, parking, or vehicle dealership, subject to zoning, municipal approvals, permits, and licensing. A highly visible and strategically located opportunity not to be missed! (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

76,048

Households

26,480

Median income

$73,500

Median age

44.1

Daytime population

107,343

5-yr growth

7.3%

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

Secure deal room

Confidential diligence documents for 1480 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.