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Plaza for Sale in Mississauga - Rental Income Property
Plaza for Sale in Mississauga - Rental Income Property

Plaza for Sale in Mississauga - Rental Income Property


Rental Income Plaza in the Core Location !!

Site Area1.92 ACRE

Property Tax: $137,642.92

Frontage X Depth (Ft): 147.82 ft.  X Irreg.

Zoning (Zoning Code): Commercial (CM1)

Number of Units: 36 Units

Occupied: 31 Units

Unoccupied: 5 Units

Annual Gross Rental Income: $827,743.57

Property Tax : $137,642.92

Insurance: $7,000.00

HST Payable (Estmated 50% of Collected): $47,094.78

Management Fee: $22,150.00

Professial Fee: $6,000.00

Maintenance & Repair: $20,000.00

Expense Total: $239,887.70

Net Operating Income: $587,855.87

R.O.I (CAP RATE): 5.34%

 

 


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