#57 - 1215 Queensway, Mississauga, ON L4Y 0G4

Mississauga L4Y 0G4 Ontario

MLS: W12128894

$1,385,000

Added 9 days ago | For Sale

Listed by: HARVEY KALLES REAL ESTATE LTD.

About Property

Fabulous Investment opportunity - Fully Leased commercial condo! This modern commercial condo unit is ideally situated in a recently constructed plaza along The Queensway, perfectly positioned close to the QEW, Hwy 427, and Gardiner Expressway-offering unparalleled access to Toronto and Mississauga. Strategically divided into two separate, contemporary spaces, the front unit impresses with polished concrete floors, soaring 23-foot ceilings and expansive south-facing windows that flood the space with natural light. The rear unit features a grade-level garage door leading to an industrial-style space, complemented by a sleek open-concept mezzanine with custom built-in units. Currently leased to two AAA tenants, this turnkey investment generates an annual gross rental income of $76,200, with a 5% annual rent escalation, ensuring solid and growing returns. Don't miss out on this exceptional income-generating property!

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size:
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
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  • Cross Street:Queensway/Dixie
  • Basement: ,
  • Possession Date:3/60/TBA
  • Annual Property taxes: $6481.08
  • Bedrooms:
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  • Heating Type:Gas Forced Air Closed
  • Pool Type:
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  • Direction Facing:
  • Front Footage:
  • Listing ID:W12128894

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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