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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$585,990
Cap Rate
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.
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Lot Size
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Building Size
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Premise Summary
Fantastic opportunity to start or expand a business in one of Mississauga's fastest growing and diverse communities. The Way Collegeway will have over 400 residential and commercial units with lots of potential customers on site. These office type units located on the 2nd floor of a boutique commercial/residential block will offer a unique opportunity for your business to thrive. These will feature elevator and stairway access, 2 underground parking spaces are included and lots of outdoor parking for your customers. They are located close to transit and major highways with excellent exposure to the street. Uses may include, professional office, medical specialists, Satellite real Estate, Learning centers etc. The CORPORATION IS REGISTERED FOR QUICK CLOSINGS. SALE PRICE DOES NOT INCLUDE TAX PER APS. MAINT. FEE LISTED INCLUDES FEE FOR 2 PARKING SPACES. **** EXTRAS **** 2 undergrnd prking. Elevator access fr Underground prking to 2nd lvl office units. Units are delivered unfinished, 3 wshroom on 2nd lvl approx. 9ft ceiling on 2nd lvl. PURCHASER RESPONSIBLE FOR HVAC, THESE ARE BARE UNITS NO WTR/DRAINAGE (id:39198)
Location
Province
Ontario
City
Mississauga
Address
#207 -3401 Ridgeway Dr
Postal Code
L5L5T3
Location Highlights
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Listed by
ORION REALTY CORPORATION Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
1,135
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$585,990
Asking Price
$585,990
Cap Rate
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.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
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)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
1,135
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
