$750,000

For sale

#110 2985 Drew Road, Mississauga (Northeast) - Retail for Sale

#110 2985 Drew Road, Mississauga (Northeast), Ontario, L4T0A4

1 bath898 ft²Listed 42 days ago

Overview

This retail property in Mississauga is for sale offering roughly 898 sq ft of space. It has been on the market 42 days, fresher than the Mississauga average of 95 days.

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Description

Rare opportunity to own a prime 898 sq. ft. (Gross Floor Area) retail/office unit at the highlysought-after northwest corner of Airport Rd & Drew Rd in Mississauga, just minutes from TorontoPearson Airport. Unit 110 is move-in ready and features fresh paint, three spacious private offices, a reception area, kitchenette, washroom, front and rear access, and a newly installed single-door metal security cage-ideal for jewelers or businesses requiring enhanced security. This high-exposure, ground-floor commercial condo is well suited for medical/health clinics, professional offices, educational services, wellness studios, retail, or administrative uses. Ample plaza parking, excellent visibility, and convenient access to major highways and public transit make this an exceptional ownership opportunity for end-users and investors alike (id:66096)

Property Details

MLS®: W13820324
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Commercial
Bathrooms: 1
Interior Size: 898 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $16.67/yr
Listed: 42 days ago

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Mississauga (Northeast) listings, avg age

95d

Price / ft²

$835

List price

$750K

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.

Haho

This retail in Mississauga (Northeast) has been listed for 42 days, which is 53 days fresher than the city average of 95. Act while there is still low competition.

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Listed by RE/MAX GOLD REALTY INC. · DAMAN SINGH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4T)

This home lists at $750,000, about 8.9× the local median household income of $84,000.

Carrying it typically needs a household income of about $146,501 (20% down, 25-yr amortization, stress-tested) — roughly 74% above the area median.

Median household income: $84,000
Population: 38,182
Median age: 34.4
Owner / renter: 60% / 40%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L4T)

$750,000· $835/ft²

For sale

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Financing

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