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7885 Tranmere Drive #26-27, Mississauga, ON L5S 1V8

Industrial
$16
$9,262per month, rent and TMI
Rent
$6,581 / month
TMI
$2,682 / month
Rate
$15.95 / sq ft + $6.5 TMI
Area
4,951 sq ft

Worked out from the rate and area the board publishes, at a twelfth of the annual figure. Confirm the terms before relying on them.

7885 Tranmere Drive offers a strategic industrial location with rapid access to major highways. Ideally situated for light manufacturing. Its proximity to key transit routes makes it an excellent choice for businesses prioritizing logistics and streamlined distribution. * Drive In door is via a shipping corridor *

MLS number
W12811368
Type
Industrial
Status
Active
Bedrooms
Bathrooms
Postal code
L5S 1V8
Photos
12
Property tax
$7 / year
205days · this listing
205days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 446 people.

$68,000Median household income
27.6%Own their home
34.6%Detached houses
38Median age
55.8%Born outside Canada
20.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35211696 — the few blocks around this address, home to 446 people. It describes the area, not this property.

446Population
40.1Average age
3.1Household size
$82,000Average household income
$68,000Median household income
28%Own their home
72%Rent
28%Condominiums
56%Born outside Canada
20%University degree
$1,100,000Average home value
25%Low income
64%Not in the labour force
38%Never married
$20,000 to $24,9996%
$25,000 to $29,9993%
$30,000 to $34,9993%
$35,000 to $39,9996%
$40,000 to $44,9993%
$50,000 to $59,9999%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9996%
$100,000 and over24%
$100,000 to $124,99912%
$125,000 to $149,9993%
$150,000 to $199,9993%
$200,000 and over3%

Percentages are of the 165 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$3 · minimum here is $1
$0.07per month
Borrowed before insurance$13
Default insurance premium, added to the loan$0
Total borrowed$13
Interest over 25 years at 4.5%$9

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$0.66per month out of pocket
Rent$0.00
Everything it costs to hold$0.66
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by CAPITAL NORTH REALTY CORPORATION. Listing data provided by the Toronto Regional Real Estate Board.