$1,290,000

For saleJust listed

#5 5500 Tomken Road, Mississauga (Northeast) - Industrial for Sale

#5 5500 Tomken Road, Mississauga (Northeast), Ontario, L4W2Z4

3 baths2,389 ft²2,389 sq ft lot sizeListed 6 days ago

Overview

This industrial property in Mississauga is for sale offering roughly 2,389 sq ft of space. It has been on the market 6 days, fresher than the Mississauga average of 95 days.

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Description

Sale of Prime Retail/Industrial/Office unit with a very efficient and upgraded layout. Property is currently finished with (main floor) 2 large 8 seater Conference rooms, 1 large reception with waiting area, 2 washrooms, 1 kitchenette, 3 private office rooms, 1 Server room, lots of storage area closer to Bay door on the rear side of the unit + (Mezzanine) has 1 podcast/waiting area, 2 studios/private offices, 1 washroom, 1 pantry, 1 storage room. Mezzanine of Approx 1200-1500 sq.ft is not included in the total square footage, making it a very attractive purchase. Truck level Bay door makes it very convenient for movement of goods. Close to Major highways: 401& 403. Ample parking and Amenities close by. Upgraded interiors for the current use of Studio and Music/POD CAST recording. Change of use possible and Property qualifies to set up multiple uses. Perfect for any business owner who would like to run their business from the property Or investor who wishes to use part of the unit and lease the balance space. (id:66096)

Property Details

MLS®: W14129152
Property Type: Industrial
Business Type: Industrial
Zoning: E2
Bathrooms: 3
Interior Size: 2,389 ft²
Lot Size: 2,389 sq ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $8,842.83/yr
Listed: 6 days ago

Features

Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Mississauga (Northeast) listings, avg age

95d

Price / ft²

$540

List price

$1.29M

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 6 days, which is 89 days fresher than the city average of 95. Act while there is still low competition.

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Listed by RE/MAX OPTIMUM REALTY · PARVEEN ARORA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4W)

This home lists at $1,290,000, about 12.3× the local median household income of $105,000.

Carrying it typically needs a household income of about $251,982 (20% down, 25-yr amortization, stress-tested) — roughly 140% 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)

$1,290,000· $540/ft²

For sale

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Financing

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