Why Rent When You Can Own!
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At The Gateway To South Mississauga’s Business Corridor
How Do I Benefit From Office Ownership? |
Paying down the mortgage on your unit builds long term equity. Leasing offers no equity at all.
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Property and building systems are handled by a professional condominium management team, allowing you to concentrate on your business. Management fees are established by unit owners and the condo board, for the benefit of the unit owners.
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Owners can deduct condominium fees, mortgage interest, property tax and operating costs in addition to claiming depreciation of the unit itself.
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Custom design your premises to fit your company’s needs exactly. Capital investments in your unit increases the value whereas improvements made to leased units benefit the landlord.
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Anticipating expansion? Consider purchasing a larger unit and subletting the excess space to generate additional revenue until you’re ready to grow.
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Stable long-term mortgage rates reduce cost and financial uncertainty, whereas leased space can means unexpected rent increases and market uncertainty.
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While you’re expanding the value of your business, ownership of the real estate you occupy can create its own separate asset value. In the event that you sell your business, the real estate will have its own value, and can be included in the business sale, sold separately or kept.
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Appreciating real estate values may mean a rise in the value of your unit and an increased return on your investment.
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Class A Office Environments
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South Mississauga Near
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FOR MORE INFORMATION PLEASE CONTACT:
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Jamie McElroy*
Senior Associate D: +1 905 755 4652 M: +1 905 609 0508 [email protected] *Sales Representative |
Matt Kornmuller*
Vice President T: +1 416 238 9762 M: +1 905 483 1855 [email protected] *Sales Representative |
Jones Lang LaSalle Real Estate Services, Inc., Brokerage
110 Matheson Boulevard West Suite 107, Mississauga, ON L5R 4G7 www.jll.com |
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