For Sale · Industrial

9 & 10 - 6731 COLUMBUS ROAD, Mississauga (Northeast)

9 & 10 - 6731 COLUMBUS ROAD, Mississauga (Northeast), ON L5T2M4

$2.1M total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

92%

Clear height

21 ft

Loading docks

10

About this property

Rare Opportunity to own condo units in a prime high-demand Mississauga industrial/commercial location, conveniently located close to Highways 410/403/407/401. Clean and well maintained. Featuring a large, functional industrial area (approx 3747 sqft) with versatile E3 zoning and wide range of permitted uses. Newly renovated and well-planned ground floor offices (approx 935 sqft) plus mezzanine offices (approx 935 sqft) featuring its own 3-piece washroom with shower, ideal for after-work cleanup. Ground floor handicapped accesible washroom and designated accessible parking. A great combination of industrial space, professional offices and convenient highway access for owner-occupier or investor. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.08M
Down payment30% · $624K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$10K

Projected NOI

$103K

Annual cash flow

$-12K

Cash-on-cash

-1.97%

DSCR

0.89

Going-in cap

4.95%

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

143,804

Households

53,205

Median income

$106,000

Median age

35.4

Daytime population

177,217

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 9 & 10 - 6731 COLUMBUS ROAD, 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.