Business For Sale · Retail

110 - 2985 DREW ROAD, Mississauga (Northeast)

110 - 2985 DREW ROAD, Mississauga (Northeast), ON L4T0A4

$750,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

99%

About this property

Rare opportunity to own a prime 898 sq. ft. (Gross Floor Area) retail/office unit at the highlysought-after northwest corner of Airport Rd & Drew Rd in Mississauga, just minutes from TorontoPearson Airport. Unit 110 is move-in ready and features fresh paint, three spacious private offices, a reception area, kitchenette, washroom, front and rear access, and a newly installed single-door metal security cage-ideal for jewelers or businesses requiring enhanced security. This high-exposure, ground-floor commercial condo is well suited for medical/health clinics, professional offices, educational services, wellness studios, retail, or administrative uses. Ample plaza parking, excellent visibility, and convenient access to major highways and public transit make this an exceptional ownership opportunity for end-users and investors alike (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$750K
Down payment30% · $225K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$50K

Annual cash flow

$8K

Cash-on-cash

3.74%

DSCR

1.20

Going-in cap

6.66%

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

124,110

Households

52,453

Median income

$70,000

Median age

36.6

Daytime population

180,939

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 110 - 2985 DREW 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.