$600,000
Mississauga
#22 1675 The Chase Road, Mississauga (Central Erin Mills), Ontario, L5M5Y7
This retail property in Mississauga is for sale offering roughly 860 sq ft of space.
VERSATILE COMMERCIAL OPPORTUNITY IN CENTRAL ERIN MILLS! Ideally located at The Chase & Eglinton, this bright and professionally renovated unit features 5 separately enclosed rooms/offices with modern glass walls and glass doors, high ceilings, natural light, and convenient parking.3 of the 5 rooms are currently rented, providing an attractive rental income opportunity for investors. A buyer may continue the existing rental arrangements or explore owner-user opportunities, subject to applicable agreements and requirements. The flexible layout is suitable for a wide range of professional, office, commercial and service-oriented businesses, including real estate/mortgage brokerage, law, accounting/tax, consulting, financial/insurance services, marketing, technology, administrative offices, wellness and other permitted uses. Not limited to medical, dental or pharmacy uses. Buyer/Buyer's Agent to independently verify zoning, permitted uses, condominium rules, permits, licences and suitability for intended use. Excellent access to Highways 403 & 401, Credit Valley Hospital, Erin Mills Town Centre and surrounding established residential communities. Ideal for investors, owner-users or professionals seeking multiple private workspaces with existing rental potential in a prime Mississauga location. Buyer/Buyer's Agent to verify all measurements, taxes, maintenance fees, zoning, permitted uses, licences, permits, condominium declaration/rules, rental arrangements and all other information relevant to the intended use. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 72 days on market, against an average age of 56 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 (Central Erin Mills) 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 $600,000, about 5.1× the local median household income of $118,000.
Carrying it typically needs a household income of about $117,201 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA L5M)
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