$6,900,000
Mississauga
1261 North Sherdian Way, Mississauga (Sheridan), Ontario, L5H2A3
This retail property in Mississauga is for sale offering roughly 6,227 sq ft of space.
Exceptional opportunity to acquire a prominent commercial property in one of Mississauga's most prestigious and established neighbourhoods. Located at 1261 North Sheridan Way, this corner-lot property offers outstanding visibility and accessibility, just minutes from the QEW and other major highways, providing seamless connectivity throughout the GTA.The existing building features over 6,000 sq. ft. of built-up area situated on approximately 0.75 acres of land, currently operating as a church. The generous lot size, corner exposure, and ample on-site parking make this property highly functional and adaptable for a wide range of uses.The property presents excellent potential for redevelopment or conversion to avariety of suitable uses (buyer to verify). Whether reimagined as a place of worship, community facility, educational institution, daycare, medical or professional space, this site offers flexibility to align with evolving market demands. Surrounded by a prestigious residential community and established amenities, this location combines strong demographics with long-term growth potential. The site's prime positioning along North Sheridan Way ensures high visibility and strong future appreciation prospects. For investors and end-users alike, this is a rare opportunity to secure a sizable parcel in a sought-after Mississauga corridor with both immediate usability and significant upside potential. With continued growth and redevelopment across the city, this property represents a strategic investment in one of the GTA's mostdesirable markets. A truly unique offering with scale, location, and future potential, an exceptional addition to any real estate portfolio. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 248 days on market, against an average age of 66 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Mississauga (Sheridan) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $6,900,000, about 49.6× the local median household income of $139,000.
Carrying it typically needs a household income of about $1,347,812 (20% down, 25-yr amortization, stress-tested) — roughly 870% above the area median.
Source: Statistics Canada, 2021 Census (FSA L5H)
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