#20 -2355 Derry Rd E, Mississauga, Ontario L5S 1V6

Listed for:
$1,050,000
0 beds
2 baths
Listed 201 days ago
#20 -2355 Derry Rd E, Mississauga, Ontario L5S 1V6

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Listing provided by:
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS® number:
W7235816
Agent:
Sarnail Singh
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About

Great opportunity to own a 2-story commercial condo unit located in a prime airport area. Location minutes away from Pearson Airport, HWY 407, 427, 401, and 410. Great exposure and high-traffic area. Offices, reception, kitchen, washroom, and warehouse on the main level with a drive-in door. The unit on the main floor has a reception, 2 offices, a bathroom, a kitchen, and a warehouse area with a drive-in door. The second-floor unit consists of reception, 2 offices, a bathroom, an open area, and outdoor space. The main level has a courier/logistic business operated by a Tenant on a 5-year NNN lease of $44,678 (All In). The upper floor with a separate entrance, currently vacant can generate a monthly Gross Rent of $2,500 plus HST. Main floor access from front and rear. Access to both levels with separate entrances/ Perfect for an investor or end user. **** EXTRAS **** Professional office and clean light industrial uses are permitted subject to approval by the city and the condo board. (id:27476)

Property Highlights

Type
Cooling type
Partially air conditioned
Heating fuel
Fireplace
No
Construction material
Parking space
4
Ownership Type
Amenities nearby
Highway, Public Transit

Location

Summary

This commercial condo unit is a great investment opportunity, situated in a highly sought-after airport area with convenient access to major highways and public transit. The location is just minutes away from Pearson Airport, as well as several major highways, making it a high-traffic area with excellent exposure.

The 2-story unit features a range of amenities, including offices, reception areas, kitchens, bathrooms, and warehouse space on both levels, each with its own drive-in door. The upper floor is currently leased on a month-to-month basis, with the option to sign a new lease with the current tenant. Additionally, the main level includes a courier/logistics business operated by the seller, which is available for purchase along with the real estate.

With separate entrances for each level, this property is ideal for an investor or end user, offering flexibility for various professional office and light industrial uses, subject to approval by the city and condo board. The unit also includes a total of 4 parking spaces and partial air conditioning.

Located at #20 - 2355 DERRY RD E in the city of Mississauga, Ontario, this property is for sale and offers easy access to nearby land amenities such as highways and public transit. The community of Northeast is home to this property, which boasts a total of 2 bathrooms and a postal code of L5S1V6.