1229 Lorimar Drive, Mississauga | Image 1

1229 Lorimar Drive

Mississauga, Northeast

  • Commercial

$15,750,000
For Sale

Added 4 days ago

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  • Type: Industrial

  • Property Type: Commercial

  • Business Type: Warehousing

  • Zoning: E3

  • Age: No Data

  • Taxes: 73928.4

  • MLS®#: W11961977

  • Days on Site: 2 Days

  • Added: Feb 06, 2025 (4 days ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

This well-maintained, freestanding building is in excellent move in condition. Situated in the highly desirable Dixie and Dundas 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.

Property

  • Status: Sale

  • Type: Warehousing

  • Property Type: Industrial

  • Property Type: Free Standing

  • Area: Mississauga

  • Community: Northeast

  • Availability Date: TBD

Inside

  • Bathrooms: 3

  • Air Conditioning: Part

  • Washrooms: 3

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

  • Volts: 600

  • Amps: 400

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Tax Legal Description: PCL BLOCK 1-1, SEC 43M733 ; BLK 1, PL 43M733 , S/T DP2708 ; MISS

  • Taxes: $73,928

  • Taxes Type: Annual

Land

  • Cross Street: Tomken and Derry

  • Municipality District: Mississauga

  • Parcel Number: 132820070

  • Sewer: San+Storm

  • Lot Depth: 401 Feet

  • Lot Frontage: 176 Feet

  • Zoning: E3

Shipping Doors

  • Clearing Height (ft): 20

Commercial Specific

  • Shipping Doors Drive In Level: 1

  • Shipping Doors Truck Level: 4

  • Rail: N

  • Sprinklers: Y

  • Total Area: 34102

  • Total Area Metric: Sq Ft

  • Industrial Area Size: 28702

  • Industrial Area Metric: Sq Ft

  • Office Size: 5400

  • Office Size Metric: Sq Ft

  • Lot Code: Lot

JK-6

Sir Wilfrid Laurier Public School

Elementary: Public
3.73 km
JK-6

Birchbank Public School

Elementary: Public
3.94 km
JK-6

Aloma Crescent Public School

Elementary: Public
4.36 km
JK-6

Dorset Drive Public School

Elementary: Public
5.09 km
6-8

Balmoral Drive Senior Public School

Elementary: Public
4.76 km
JK-6

Cherrytree Public School

Elementary: Public
4.02 km
9-12

Peel Alternative North

Secondary: Public
4.12 km
9-12

Peel Alternative North ISR

Secondary: Public
4.09 km
9-12

Bramalea Secondary School

Secondary: Public
5.26 km
9-12

Mississauga Secondary School

Secondary: Public
5.50 km
9-12

St Marcellinus Secondary School

Secondary: Catholic
5.82 km
9-12

Turner Fenton Secondary School

Secondary: Public
3.03 km
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