Mississauga, ON L5S 1R2,1229 Lorimar DR
Mississauga, ON L5S 1R2,1229 Lorimar DR
Mississauga, ON L5S 1R2,1229 Lorimar DR
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$15,750,000
Est. payment /mo
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3 Baths
34,102 SqFt
Active

1229 Lorimar DR Mississauga, ON L5S 1R2

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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 now vacant. Buyer can buy with building fully vacant or the owner will stay and lease back his portion. 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

Province ON

County Peel

Community Northeast

Area Peel

Zoning E3

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.

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agent

Stephan Gauthier

Team Lead / Broker

+1(613) 697-7771

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1229 Lorimar DR