1/11219 - 2985 DREW ROAD, Mississauga (Northeast)
219 - 2985 DREW ROAD, Mississauga (Northeast), ON L4T0A4
Price on request
87,370.58 SF
Asset Class
Office
Size
87,370.58 SF
Building class
A
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
85%
About this property
Exceptional chance to acquire a prominent commercial retail/office condo positioned at the desirable intersection of Airport Rd & Drew Rd in Mississauga, conveniently located minutes from Toronto Pearson Airport. Unit 219 is ready for immediate occupancy and offers an efficient layout with welcoming reception space. This highly visible, street-level commercial unit accommodates a variety of potential uses, including healthcare and medical practices, professional services, training and educational facilities, wellness operations, retail businesses, or corporate administration. Visitors and tenants benefit from plentiful on-site parking, prominent exposure, easy highway connectivity, and nearby public transit. An outstanding option for entrepreneurs, owner-operators, or investors seeking a flexible commercial asset in a well-established Mississauga location. One shared boardroom and reception area. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$70K
Annual cash flow
$-13K
Cash-on-cash
-2.97%
DSCR
0.84
Going-in cap
4.65%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Vector Robotics | 46,656 SF | 2030-05 |
| Halcyon Wealth Partners | 27,697 SF | 2030-05 |
Area demographics
Trade area within 3 miles of the property.
Population
52,715
Households
22,389
Median income
$115,000
Median age
32.3
Daytime population
84,174
5-yr growth
1.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 219 - 2985 DREW ROAD, Mississauga (Northeast).
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.