Business For Sale · Office

233 - 3465 PLATINUM DRIVE, Mississauga (Churchill Meadows)

233 - 3465 PLATINUM DRIVE, Mississauga (Churchill Meadows), ON L5M2S1

$549,900 total

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Asset Class

Office

Size

—

Building class

B

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

84%

About this property

Prime Professional Office Space for Sale - Eglinton Avenue & Ninth Line, An excellent opportunity to establish or expand your business in a busy, high-traffic plaza at the prominent intersection of Eglinton Avenue and Ninth Line.This professionally finished second-floor office unit offers approximately 673 sq. ft. of functional workspace, featuring: 3 private offices, Open reception and waiting area Convenient kitchenette Professionally finished interiorInterior-facing plaza locationIdeally suited for a variety of professional businesses, including consulting services, accounting, insurance, administrative offices, and other professional practices. Located in a high-density, rapidly growing neighbourhood with strong surrounding residential and commercial development, this space offers an excellent opportunity to launch, relocate, or grow your business. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$550K
Down payment30% · $165K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$29K

Annual cash flow

$-2K

Cash-on-cash

-0.96%

DSCR

0.95

Going-in cap

5.25%

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

85,147

Households

37,603

Median income

$74,500

Median age

41.2

Daytime population

101,950

5-yr growth

9.2%

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

Secure deal room

Confidential diligence documents for 233 - 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.