$1,049,900
Mississauga
$1,049,900
Mississauga
#53 3045 Southcreek Road, Mississauga (Dixie), Ontario, L4X2S6
This retail property in Mississauga is for sale offering roughly 2,100 sq ft of space. It has been on the market 13 days, fresher than the Mississauga average of 87 days.
Sale of Prime Industrial/Retail/Office unit with a great cash flow at 3045 Southcreek Business Park. Partially owner-occupied and partially leased, generating rental income of $ 3,390 incl. tax. Currently used as a Successful Martial Arts School (Front half of unit-1200 sq ft approx) by Seller ; Tenant - Tire Change Centre (Rear half of unit -900 sq ft approx) lease valid till April 2028. Common Washroom used by both Seller & Tenant. Major intersection: Dundas/ Hwy 427. Close to Major highways: 427, QEW, 401 & 403. Lots of Natural light, Ample parking, and Amenities close by. Upgraded interiors. Change of use possible, and the plaza qualifies to set up multiple uses. This prime unit can be suitable for any business owner who would like to run their business in the (Front half Retail space) & can collect the rent of $3390 incl. tax (from the rented rear half Industrial area), which can help reduce mortgage burden; also . This unit can also be a great deal for investors who are looking for a strong cash flow property to buy and who can rent out the front unit as well for $3500 per month. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 13 days on market, against an average age of 87 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Mississauga (Dixie) has been listed for 13 days, which is 74 days fresher than the city average of 87. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,049,900, about 13.0× the local median household income of $81,000.
Carrying it typically needs a household income of about $205,082 (20% down, 25-yr amortization, stress-tested) — roughly 153% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4X)
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