57 - 1215 QUEENSWAY E, Mississauga (Dixie), Ontario, L4Y0G4

Property 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 $78,030, 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. (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Living Area: 1,956 sq ft (181.7 m²)

Costs

• Annual Taxes: $6,481.08

Listing Provided by: HARVEY KALLES REAL ESTATE LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.