For Sale

1169 Lorimar Drive, Mississauga, Ontario L5S 1M5

$9,500,000

1169 Lorimar Drive, Mississauga, Ontario L5S 1M5 is For Sale and has a listing price of 9,500,000. The property is located in the Mississauga . It's been on the website for 2 Days.

  • Industrial
    Property Type
  • MLS ID: W12390987
  • 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. Can be made available with vacant possession. 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
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: W12390987
  • Price: $9,500,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 399
  • Ref ID: W12390987
  • Dir / Cross St: Tomken Road & Derry Road
  • Status: Active
  • Tax Year: 2024
  • Property Type: Industrial
  • Property Sub Category: Industrial
Price History
List Date MLS ID List Price Status End Date Closed Price
09/09/2025 W12390987 $9,500,000 For Sale - -
03/04/2025 W11999651 $9,500,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Mississauga
  • $1,007,848 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 231.39 % Up
  • Sold (12mo) 1,129
  • Rented (12mo) 1,993

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Other
  • Garage Type Outside/surface
  • Taxes: $54,235
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Can be made available with Vacant Possession
  • Listing Entry Date: 09/09/2025 14:12:29
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