Business For Sale · Office

409 - 3660 HURONTARIO STREET, Mississauga (City Centre)

409 - 3660 HURONTARIO STREET, Mississauga (City Centre), ON L5B3C4

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

84%

About this property

This single office space is graced with generously proportioned windows. Situated within a meticulously maintained, professionally owned, and managed 10-storey office building, this location finds itself strategically positioned in the heart of the bustling Mississauga City Centre area. The proximity to the renowned Square One Shopping Centre, as well as convenient access to Highways 403 and QEW, ensures both business efficiency and accessibility. Additionally, being near the city center gives a substantial SEO boost when users search for terms like "x in Mississauga" on Google. For your convenience, both underground and street-level parking options are at your disposal. Experience the perfect blend of functionality, convenience, and a vibrant city atmosphere in this exceptional office space. **EXTRAS** Bell Gigabit Fibe Internet Available for Only $25/Month (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

96,046

Households

43,642

Median income

$111,500

Median age

31.2

Daytime population

156,509

5-yr growth

5.3%

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

Secure deal room

Confidential diligence documents for 409 - 3660 HURONTARIO STREET, Mississauga (City Centre).

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.