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Applewood, Mississauga
$1,349,990
One of Mississauga's few legally established standalone professional office properties, combining existing office approval, freehold ownership, exceptional exposure and long-term investment potential. Perfectly positioned on highly visible Cawthra Rd, this property allows you to own your business premises while building equity instead of paying commercial rent. The existing Zoning Certificate of Occupancy permits office use throughout the entire existing building and remains valid for a new owner provided the use continues as an office, offering certainty and immediate occupancy for a wide range of office-based businesses. Offering approximately 1400 sq. ft. of functional office space, the property features six private offices, a reception area, kitchen, washroom and ample storage, providing an efficient and flexible layout for a variety of professional practices. Ideal for insurance brokerages, law firms, accounting practices, financial advisors, mortgage brokerages, engineering and architectural firms, real estate brokerages, consultants, planners, designers and other professional office users. Enjoy the independence of a standalone property with prominent street presence, excellent signage opportunities and ample on-site parking. Situated on one of Mississauga's primary north-south arterial roads, the property benefits from exposure to thousands of passing vehicles daily, delivering brand visibility that cannot be replicated within a traditional office complex. Conveniently located minutes from the QEW, Highways 403 & 427, Pearson International Airport, Mississauga City Centre and the GTA's major business corridors. Ideal for owner-occupiers and investors alike, this property offers the opportunity to eliminate lease payments, build equity and secure a highly visible long-term business location. Properties offering this combination of legal office use, standalone ownership, exposure and accessibility seldom become available.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $18,319 |
| Lot Size | 61 ft x 99 ft |
| mls© Number | W13573764 |
| Listed By | RE/MAX REALTY ENTERPRISES INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,910
- Property tax
- $1,527
- Heat allowance
- $150
- Housing costs
- $8,586 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$264,000
gross annual household income
- Payment at 4%
- $5,681 / mo
- Cash down
- $269,998
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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