For Sale

1169 Lorimar Drive, Mississauga, Ontario L5S 1M5

$9,900,000

1169 Lorimar Drive, Mississauga, Ontario L5S 1M5 is For Sale and has a listing price of 9,900,000. The property is located in the Northeast neighbourhood . It's been on the website for 62 Days.

  • Industrial
    Property Type
  • MLS ID: W11999651
  • Office Name COLLIERS
Property Description

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.

Property Details
  • MLS ID: W11999651
  • Price: $9,900,000
  • Lot Depth: 399
  • Transaction Types: For Sale
  • Ref ID: W11999651
  • Year Built: N/A
  • Dir / Cross St: Tomken Road & Derry Road
  • Status: Active
  • Tax Year: 2024
  • Property Type: Industrial
  • Property Type: Commercial
  • Property Sub Category: Industrial
Price History
List Date MLS ID List Price Status End Date Closed Price
03/04/2025 W11999651 $9,900,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Northeast
  • $3,157,910 Average List Price
    based on 1 year
  • 69 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -
Walkscore
Additional Details
  • Heat Type Other
  • Garage Type Outside/surface
  • Taxes: $54,325
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 04/03/2025 17:17:57
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