For Sale · Industrial

36 - 6770 DAVAND DRIVE, Mississauga (Northeast)

36 - 6770 DAVAND DRIVE, Mississauga (Northeast), ON L5T2G3

$1.6M total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

93%

Clear height

26 ft

Loading docks

13

About this property

Large approximately 3,600 sq. ft. double industrial condo unit offering expansive, versatile space. Ideally positioned with quick access to Pearson Airport, major highways, and nearby amenities. Part of Peel Condominium Corporation No. 384, within a well-managed and professionally maintained complex. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.64M
Down payment30% · $492K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$102K

Annual cash flow

$11K

Cash-on-cash

2.24%

DSCR

1.12

Going-in cap

6.21%

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

47,565

Households

17,789

Median income

$97,000

Median age

33.9

Daytime population

79,695

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 36 - 6770 DAVAND DRIVE, 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.