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$ 15,750,000
Est. payment /mo
Active
1229 Lorimar DR Mississauga, ON L5S 1R2
3 Baths
34,102 SqFt
UPDATED:
02/10/2025 08:09 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 34,102 sqft
Price per Sqft $461
Subdivision Northeast
MLS Listing ID W11961977
Annual Tax Amount $73,928
Tax Year 2024
Property Sub-Type Industrial
Property Description
This well-maintained, freestanding building is in excellent move in condition. Situated in the highly desirable Dixie and Derry area the property is strategically located and offers convenient connectivity to major transportation routes, including Pearson International Airport.The property is divided into two sections: one half is owner-occupied, and the other is leased to a reliable tenant, providing a unique opportunity for businesses seeking both operational space and income potential. Additionally, this property benefits from revenue generated by rooftop solar panels.Zoned E3, the building is suitable for a wide range of industrial and commercial uses, offering ample space for large vehicles, including tractor trailers. This flexibility, combined with its high-demand location, positions the property as an excellent choice for businesses looking to expand or establish a presence in an area with robust infrastructure and a variety of commercial amenities.
Location
State ON
County Peel
Community Northeast
Area Peel
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 176.0
Lot Depth 401.0
Others
Security Features Yes
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.