Address
1200 Lorimar Drive # 7-8, Mississauga, ON
Price
$ 1,999,000
Property Attributes
  • ID#W12787540
  • TypeCommercial
  • Listing Status New
  • CityMississauga
  • AreaNortheast
  • NeighbourhoodNortheast
  • Postal CodeL5S 1R4
  • StyleWarehouse
  • Taxes$ 12500
  • Price$ 1,999,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage3671
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

An exceptional dual-unit offering 3,671 sq ft in a prime location with excellent Derry Road exposure and quick access to Highway 410/401, Facing (40ft front w/windows) to Derry Rd, close to Dixie Rd Sikh Temple, just minutes from Toronto Pearson Airport. Situated in a clean, well-maintained complex within a thriving commercial corridor on the border of Mississauga and Brampton, this property includes two units (1,804 sq ft and 1,867 sq ft - total 3,671 sq ft, Option to sell/buy both spearately) with a washroom, offering flexibility for investors or end-users** Electrical AMP for heavy duty usage** Zoned E2, the property permits a wide range of uses including restaurants, recreational facilities, manufacturing, office, warehouse/distribution, light industrial, science & technology facilities, commercial schools, financial institutions, service establishments, and accessory retail. Designed for efficient operations and shipping, the unit features two drive-in doors, including one with approximately 14+ ft clearance to accommodate large trucks and trailers**The generous layout allows easy maneuvering and turnaround for transport vehicles. Currently operating as a woodworking door and window business(Business not for sale), this versatile space is ideal for a wide range of industrial and commercial applications including office, warehouse/distribution, light manufacturing, science & technology facilities, commercial schools, financial institutions, service establishments, and accessory retail uses** Taxes & Condo fee combined for both units**

Price History
2/13/2026 Listed $1,999,000

General Features

Sewer Sanitary+Storm
Cooling No
Utilities Yes
Security Features Yes
Heater Type Gas Forced Air Open
Unit Number 7-8
Property Subtype Industrial
Tax Year 2025
Lot Depth 91.0
Business Type Warehouse
County Peel
IndustrialAreaCode %
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status New
City Mississauga
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 12500.0
Virtual Tour https://tourwizard.net/1200-lorimar-drive-unit-7-8-mississauga/nb/
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Legal Description UNIT 7 & 8,LEVEL 1,PEEL STANDARD CONDOMINIUM PLAN NO. 1119

Interior Features

Clear Height Feet 16
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No
Total Baths 1

Exterior Features

Garage Type Outside/Surface
Rail No
DriveInLevelShippingDoors 2
Spa No
Building Area Total 3671.0
Waterfront Y/N No
LotDimensionsSource Other

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L5S 1R4

Price
AVG $2M
$2M
Taxes
AVG $12,500
$12,500
Visits
AVG 384
382
Data Provided by Inside Real Estate®