242 QUEEN ST S ,
Mississauga, Ontario L5M1L5

#W5124045

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For Sale

$2,100,000.00

242 QUEEN ST S , Mississauga, Ontario L5M1L5

Remarks

Great Investment Opportunity To Own One Of The Best Commercial Properties Located At The Busiest Spot In The Centre Of Famous Destination ""Streetsville"" - Corner Property. High Potential For Development, The Ground Floor Commercial Space Will Be Vacant By The End Of May 2021 And Listed For Lease At A Net Rent $40/Sq Ft + T.M.I. $12.39/Sq Ft Which Gives You Better New Operating Income Than The Current Lease With The Anchor Tenant ""Starbucks""**** EXTRAS **** Gross Income: $105,184 (Net Rent $84,280+Tmi Recovery:$20,904) - Tmi $34,840 = Noi $70,344 (Cap 3.4%) Based On Projected New Lease For Ground Commercial Unit. Basement Has Tenant With Lease Until March, 2022 (id:27)

Property Summary

Neighbourhood: Streetsville
Lot Size: Bldg=40.79 FT
Floor Space (approx): 3484.00 Square Feet

Map

Neighbourhood Info

Manuel Choi

Broker

Phone: 905.822.6900

Email: manuel@royallepage.ca

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$2,100,000.00

242 QUEEN ST S , Mississauga, Ontario L5M1L5

Remarks

Property Summary

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Manuel Choi

Broker

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