1169 Lorimar Drive, Mississauga | Image 1

1169 Lorimar Drive

Mississauga, Northeast

  • Commercial

$9,900,000
For Sale

Added 3 weeks ago

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  • Type: Industrial

  • Property Type: Commercial

  • Business Type: Warehousing

  • Zoning: E3

  • Age: No Data

  • Taxes: 54325

  • MLS®#: W11999651

  • Days on Site: 3 Days

  • Added: Mar 03, 2025 (3 weeks ago)

  • Updated:

  • Last Checked: 1 week ago

  • Listed By: COLLIERS

Freestand vacant sale opportunity at Highway 410 and Derry Road with excellent access to labor, transit, major highways, Pearson Airport, and dense population nodes. Large rear yard with 115 ft shipping apron with two points of access and secured rear yard. E3 zoning allows for outdoor storage and automotive uses. Rare 19'8" clear height. Vacant possession available May 1, 2025. The building is currently demised into two units but can be easily converted into a single-tenant building. One unit (half building) is occupied by a tenant on a month-to-month lease. A new roof was installed in 2020 with a warranty.

Property

  • Status: Sale

  • Type: Warehousing

  • Property Type: Industrial

  • Property Type: Free Standing

  • Area: Mississauga

  • Community: Northeast

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Other

  • Elevator: None

  • Freestanding: Y

  • Outside Storage: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Tax Legal Description: PCL 50-1, SEC 43M435; LT 50, PL 43M435, S/T DP2708; MISSISSAUGA

  • Taxes: $54,325

  • Taxes Type: Annual

Land

  • Cross Street: Tomken Road & Derry

  • Municipality District: Mississauga

  • Parcel Number: 132820065

  • Sewer: San+Storm

  • Lot Depth: 399 Feet

  • Lot Frontage: 116 Feet

  • Lot Irregularities: 1.07 Acres Lot

  • Zoning: E3

Shipping Doors

  • Clearing Height (ft): 19

  • Clearing Height (in): 8

Commercial Specific

  • Shipping Doors Drive In Level: 3

  • Shipping Doors Truck Level: 2

  • Rail: N

  • Sprinklers: N

  • Total Area: 19914

  • Total Area Metric: Sq Ft

  • Industrial Area Size: 17501

  • Industrial Area Metric: Sq Ft

  • Office Size: 2413

  • Office Size Metric: Sq Ft

  • Lot Code: Lot

Somewhat Walkable

  • Some errands can be accomplished on foot.
53 /100

Good Transit

  • Some errands can be accomplished by public transportation.
54 /100

Bikeable

  • Some errands can be accomplished on bike.
61 /100
JK-6

Sir Wilfrid Laurier Public School

Elementary: Public
3.64 km
JK-6

Birchbank Public School

Elementary: Public
4.02 km
JK-6

Aloma Crescent Public School

Elementary: Public
4.45 km
JK-6

Dorset Drive Public School

Elementary: Public
5.20 km
6-8

Balmoral Drive Senior Public School

Elementary: Public
4.84 km
JK-6

Cherrytree Public School

Elementary: Public
3.84 km
9-12

Peel Alternative North

Secondary: Public
4.04 km
9-12

Peel Alternative North ISR

Secondary: Public
4.01 km
9-12

Bramalea Secondary School

Secondary: Public
5.35 km
9-12

Mississauga Secondary School

Secondary: Public
5.32 km
9-12

St Marcellinus Secondary School

Secondary: Catholic
5.63 km
9-12

Turner Fenton Secondary School

Secondary: Public
2.94 km
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