Business For Sale · Retail

4 - 3364 MAVIS ROAD, Mississauga (Mavis-Erindale)

4 - 3364 MAVIS ROAD, Mississauga (Mavis-Erindale), ON L5C1T8

$350,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

83%

About this property

$$ Great Investment Opportunity, $$ Successful Body Shop & Mechanic Garage, Towing vehicles storge Facility and in High Traffic. Well Established Location in Busy Area! Affordable Lease. Must See. An amazing, rare opportunity in one of the best locations on MAVIS RD, MISSISSAUGA. potential low rent and long-term lease with the potential extension for another 5 years. $17.50 per Sq/f Pasic Rent $6,386.04. Total monthly payment $ 9,327.03. Enjoy Running a Fun and Exciting Business. Please see "Equipment List" Attached. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$350K
Down payment30% · $105K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$16K

Annual cash flow

$-3K

Cash-on-cash

-2.96%

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.

Area demographics

Trade area within 3 miles of the property.

Population

105,578

Households

42,233

Median income

$131,500

Median age

36.8

Daytime population

116,385

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 4 - 3364 MAVIS ROAD, Mississauga (Mavis-Erindale).

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.