Description

Rare opportunity to acquire Unit 24, a functional industrial condominium in a well-kept complex in central Mississauga. The unit offers practical industrial space suited to a variety of business operations, with straightforward access to Highways 401 and 407, Pearson Airport, major roads, and public transit. Located in an established industrial area with nearby amenities, this unit is an attractive option for owner-occupiers, investors, or businesses looking for accessible, practical industrial space in Mississauga. (id:66096)

Property Details

MLS®: W14103988
Property Type: Industrial
Business Type: Manufacturing
Zoning: E2-19
Interior Size: 3,010 ft²
Heating: Forced air, Natural gas
Cooling: Partially air conditioned
Property Tax: $11,422/yr
Listed: 14 days ago

Market Timing

Days on market

14d

Mississauga (Northeast) listings, avg age

95d

Price / ft²

$399

List price

$1.20M

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 industrial in Mississauga (Northeast) has been listed for 14 days, which is 81 days fresher than the city average of 95. Act while there is still low competition.

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Area context

Neighbourhood profile (L4W)

This home lists at $1,200,000, about 11.4× the local median household income of $105,000.

Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 123% above the area median.

Median household income: $105,000
Population: 19,744
Median age: 49.2
Owner / renter: 78% / 22%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L4W)

$1,200,000· $399/ft²

For sale

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Financing

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Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

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#24 1200 Aerowood Drive, Mississauga (Northeast) - Industrial for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (L4W)

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