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Last Updated : 538 Days ago
3221 Derry Rd, Mississauga, Ontario, Meadowvale

3 - 3221 Derry Rd, Mississauga MLS Number: W8419694

Meadowvale, Mississauga, Peel, ON, L5N 7L7

$189,000

Status: OFF MARKET

  • Property Type: Commercial (Sale Of Business)
  • Property Taxes : $0.00 (Tax Year:2023)
  • Listing Courtesy : Royal Lepage Signature Realty

Unit-3 3221 Derry Rd Property Description

Well-established (27 years) dollar store and post office combo in a busy plaza. Plaza enjoys high traffic due to mature neighborhoods and major retailers (Metro, Rexall, Scotiabank, Tim Hortons). Monthly lease is $9,568 (including TMI), with 3.5 years remaining. The post office has two terminals, and its contract is renewed every two years. Opens 7 days a week (M-F: 9am-9pm, Sat: 9am-6pm, Sun: 11am-5pm). Annual sales (per financial statement) are $355,433, with the post office contributing 64% and groceries 36%. Additionally, the annual lottery commission is $34,599, with other income at $20,092. Annual net profits are $32,038 (the seller's salary has already been deducted) and could be much higher if the owner works at the shop. While the business is stable, the owner is selling due to other commitments. This rare combination presents a stable and guaranteed business opportunity that shouldn't be overlooked.Please don not talk to any person working in the store.

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Unit-3 3221 Derry Rd Property Facts

Property Type :Commercial
MLS Number :W8419694
Listing Type :Sale
Possession Date :
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Last Updated :07 Oct, 2024 (538 Days ago)
Source :TRREB
Area :Peel
Postal Code : L5N 7L7
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Unit-3 3221 Derry Rd Property Price & Tax Insights

Price : $189,000
Property Taxes :$0.00
Tax Year :2023

Unit-3 3221 Derry Rd, Mississauga Property Details

Cross Street :Derry Rd W & Winston Churchhill
Fireplace/Stove :No

3221 Derry Rd, Mississauga - Price History

2024-06

20 Jun, 2024

TREB #W8419694

Available

$189000.0

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3221 Derry Rd - Location Map and Landmarks

  • Credit Valley, Peel 6.54 km
  • Milton District, Halton 12.18 km
  • Mississauga, Peel 13.68 km
  • Georgetown, Halton 14.39 km
  • Oakville-Trafalgar Memorial, Halton 14.9 km
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