Active

1229 Lorimar Dr

Mississauga Ontario, L5S 1R2

C$15,750,000


Active

3 Baths

Commercial

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 is leased to a reliable tenant, providing a unique opportunity for businesses seeking both operational space and income potential. 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.

W11961977

MLS ID

February 12, 2025

Updated

Interior Features

Total Bathrooms

3


Fireplace

No


Cooling

Yes


Cooling Description

Part


Heating

Yes


Heating Description

Gas Forced Air Open

Exterior/Building Features

Lot Size

1.62 Acres


Sewer

SanStorm

Other Property Details

Area Name

Northeast


Taxes

$73,928


Tax Frequency

Annually


Garage

No


Parking

Outside/Surface


View

No


County

Ontario


Municipality

Mississauga


Water Source

Municipal


Pool

No


Utilities

Y


Zoning

E3

 

Courtesy of Listed by , ROYAL LEPAGE REAL ESTATE SERVICES LTD.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2025 Toronto Real Estate Board. All rights reserved. 

Data last updated 3:08 PM UTC, 2/12/2025

 

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