1169 Lorimar Drive Image 1

$9,900,000

Mar 4Industrial For Sale
bedroomsbed
washrooms0bath
MLS - #W11999651

1169 Lorimar Drive, Mississauga, ON L5S 1M5

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Average Price
990000000.0%
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Price Comparison

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Property Description

Property type

Industrial

Lot size

N/A

Style

Approx. Area

N/A

About 1169 Lorimar Drive

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.

Home Overview

Last updated

Mar 6

Virtual tour

None

Basement information

Building size

19914

Status

In-Active

Property sub type

Industrial

Maintenance fee

$N/A

Year built

--

Listed by COLLIERS

Additional Details

Basement:N/A
Cooling:Partial
Heating:Other
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$37811.29/ month
$7,920,000 Principal and Interest
$9,504,000 Property Taxes

Location

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Walk Score for 1169 Lorimar Drive

Some information about this property - Lorimar Drive

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