$1,050,000 FOR SALE

Investment

Total Area: 1,961.94 ft2
2023 Taxes: $5,122

2355 Derry Rd E #20
Mississauga, ON L5S 1V6 | Northeast | Peel

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.

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Listed By ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W8231950
Last Updated Aug 11, 2024
Property Summary
Property Type Investment

More like this:
Category Industrial
Legal Description UNIT 20, LEVEL 1, PEEL CONDOMINIU, PLAN NO. 404 ; PT BLK F PL M167, PTS 6&7 43R5885 PTS 1 & 3 43R17750, MORE FULLY DESCRIBED IN SCH 'A' OF DECLARATION LT115
Occupancy Tenant
Possession Date TBA
Taxes (2023) $5,122
Tax Type Annual
Commercial Condo Fees $823.32
Directions/Cross Streets Derry Rd & Torbram Road
Neighbourhood Northeast
Area Peel
Price History
Interested in obtaining the full price history for this property?
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Detailed Information
Freestanding N
Bathrooms 2
Industrial Area 20 percent
Office/Apt Area 80 percent
Total Area 1,961.94 ft2
Elevator None
Air Conditioning Part
Basement N
Chattels N
Garage Type Outside/Surface
Parking Spaces 4
LLBO N
Heat Type Gas Forced Air Open
Financial Statement N
% Building 80
Outside Storage N
Area Influences Major Highway, Public Transit
Soil Test N
Sewers San+Storm
Utilities Y
Water Municipal
Clear Height 10 feet 6 inches
Drive-In Level Shipping Doors 1
Crane N
Rail N
Survey N
Lot/Bldg/Unit Code Unit
Zoning M1
Seller Property Info Statement N

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