57 - 1215 Queensway E Mississauga (Dixie), Ontario L4Y 0G4
$1,385,000
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! (id:50787)
Property Details
| MLS® Number | W12128894 |
| Property Type | Retail |
| Community Name | Dixie |
| Farm Type | Other |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1956 Sqft |
| Type | Retail |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Zoning Description | E2 Commercial/industrial/offices |
https://www.realtor.ca/real-estate/28270103/57-1215-queensway-e-mississauga-dixie-dixie
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May 07 2025 01:12:59
Toronto Real Estate Board
Harvey Kalles Real Estate Ltd.