Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

1215 Queensway N/A E 57, Mississauga, ON L4Y 0G4 (Queensway/Dixie)
$ 1385000 - MLS : W12782860

From Our Gallery

Description

Fabulous Investment opportunity - Fully Leased commercial condo! This modern commercial condo unit is ideally situated in a recently constructed plaza along The Queensway, perfectly positioned close to the QEW, Hwy 427, and Gardiner Expressway-offering unparalleled access to Toronto and Mississauga. Strategically divided into two separate, contemporary spaces, the front unit impresses with polished concrete floors, soaring 23-foot ceilings and expansive south-facing windows that flood the space with natural light. The rear unit features a grade-level garage door leading to an industrial-style space, complemented by a sleek open-concept mezzanine with custom built-in units. Currently leased to two AAA tenants, this turnkey investment generates an annual gross rental income of $76,200, with a 5% annual rent escalation, ensuring solid and growing returns. Don't miss out on this exceptional income-generating property! *Front tenant is willing to vacate if Buyer wants to use space.

Location Description

Queensway/Dixie

Property Detail

Community: Dixie
Property Type: Tenant/Commercial
Garages: Outside/Surface
Annual Property Taxes : $ 6481.08

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : Outside/Surface

Amenities

Heating : Gas Forced Air Closed
Sewer : Sanitary ,

Listing Contracted With: HARVEY KALLES REAL ESTATE LTD.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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