20-2355 Derry Road East, Mississauga | Image 1

20-2355 Derry Road East

Mississauga, Northeast

  • Commercial

$1,050,000
For Sale

Added 2 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: M1

  • Age: No Data

  • Taxes: 5122

  • MLS®#: W8231950

  • Added: Apr 13, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Great opportunity to own a 2-story commercial investment property in a prime airport area. Location minutes away from Pearson Airport, HWY 407, 427, 401, and 410. Great exposure and high-traffic area. Offices, reception, kitchen, washroom, and warehouse on main level with a drive-in door. The unit on the main floor has a reception, 2 offices, a bathroom, a kitchen, and a warehouse area with drive-in door. The second - floor unit consists of reception, 2 offices, a bathroom, an open area, and outdoor space. The main level has a courier/logistic business operated by a Tenant on a 5 year NNN lease of $44,678 (All In). The upper floor with a separate entrance, currently vacant can generate a monthly gross rent of $2,500 plus HST. Main floor access from front and rear. Access to both levels with separate entrances/ perfect for an investor or end user.

Extras

Professional office and clean light industrial uses are permitted subject to approval by the city and the condo board.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Industrial

  • Area: Mississauga

  • Community: Northeast

  • Availability Date: TBA

Inside

  • Bathrooms: 2

  • Air Conditioning: Part

  • Washrooms: 2

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2023

  • Tax Legal Description: UNIT 20, LEVEL 1, PEEL CONDOMINIU, PLAN NO. 404 ; PT BLK F PL M1

  • Taxes: $5,122

  • Commercial Condo Fees: 823

  • Taxes Type: Annual

Land

  • Cross Street: Derry Rd & Torbram R

  • Municipality District: Mississauga

  • Sewer: San+Storm

  • Zoning: M1

Shipping Doors

  • Clearing Height (ft): 10

  • Clearing Height (in): 6

Commercial Specific

  • Shipping Doors Drive In Level: 1

  • Rail: N

  • Total Area: 1961.94

  • Total Area Metric: Sq Ft

  • Industrial Area Size: 20

  • Industrial Area Metric: %

  • Office Size: 80

  • Office Size Metric: %

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: N

  • Crane: N

  • Lot Code: Unit

  • Survey: N

  • Building Percent: 80

  • Soil Test: N

  • Financial Statement: N

  • LLBO: N

Map of 20-2355 Derry Road East, Mississauga
JK-8

St Raphael School

Elementary: Catholic
3.37 km
JK-6

Lancaster Public School

Elementary: Public
2.98 km
JK-6

Marvin Heights Public School

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Morning Star Middle School

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Turner Fenton Secondary School

Secondary: Public
5.31 km
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St Thomas Aquinas Secondary School

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