For Sale · Industrial

3 - 6741 COLUMBUS ROAD, Mississauga (Northeast)

3 - 6741 COLUMBUS ROAD, Mississauga (Northeast), ON L5T2G1

$1.7M total

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Asset Class

Industrial

Size

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Building class

C

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

83%

Clear height

24 ft

Loading docks

11

About this property

Rare opportunity to own a highly functional industrial condo unit in a prime Mississauga location. Approximately 3,600 Sqft., currently operating as an licensed automotive/mechanicshop permitted by the city. Features a legal builder-installed concrete mezzanine 600 sqft offering additional usable space and flexibility for operations, storage, or office use. Excellent layout with warehouse/workshop area and functional workspace configuration. Condo fees include water bill, helping keep operating costs manageable. Conveniently located near major highways and transportation routes with excellent accessibility for business operations. Ideal for automotive, industrial, service commercial, or permitted E3-zoning uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.73M
Down payment30% · $519K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$89K

Annual cash flow

$-6K

Cash-on-cash

-1.24%

DSCR

0.93

Going-in cap

5.17%

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

87,261

Households

40,559

Median income

$98,000

Median age

32

Daytime population

86,515

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for 3 - 6741 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.