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Office Building For Sale at 1553 HURONTARIO ST in Mississauga, Ontario

New
4 Sale ID #229597
Updated 05 May 2024

Asking Price

$2,999,999

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

Lot Size

N/A

Building Size

N/A

Premise Summary

Introducing a prime opportunity in the heart of Mississauga, a meticulously designed retail/office/medical space poised for success. With its strategic location in a bustling community, this property presents an unparalleled opportunity for medical practitioners and /or other service oriented busineeses seeking to establish or expand their practice. Investors will find promise in its potential for steady rental income, while users will appreciate its convenient accessibility and proximity to key amenities. Don't miss out on the chance to own a cornerstone of real estate excellence in one of Ontario's most vibrant cities. (id:39198)

  • MLS® : #W8264488
  • Date Listed : 23 Apr 2024

Location

Province

Ontario

City

Mississauga

Address

1553 Hurontario St

Postal Code

L5G3H7

Location Highlights

N/A

Listed by

RIGHT AT HOME REALTY Ontario listing

Category

office-buildings

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

16,096

Year Built

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Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$2,999,999

Asking Price

$2,999,999

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

16,096

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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