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1229 LORIMAR DRIVE, Mississauga, Ontario, L5S 1R2

MLS® # W11961977
Commercial For Sale In Northeast, Mississauga, Ontario
$15,750,000 QuickQuoteTM: Not Available
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
1229 Lorimar Drive, Mississauga, ON
  • Advertising
1229 LORIMAR DRIVE, Mississauga, Ontario, L5S 1R2
$15,750,000

Property Information:

This well-maintained, freestanding building is in excellent move in condition. Situated in the highly desirable Dixie and Derry area the property is strategically located and offers convenient connectivity to major transportation routes, including Pearson International Airport.The property is divided into two sections: one half is owner-occupied, and the other is leased to a reliable tenant, providing a unique opportunity for businesses seeking both operational space and income potential. Additionally, this property benefits from revenue generated by rooftop solar panels.Zoned E3, the building is suitable for a wide range of industrial and commercial uses, offering ample space for large vehicles, including tractor trailers. This flexibility, combined with its high-demand location, positions the property as an excellent choice for businesses looking to expand or establish a presence in an area with robust infrastructure and a variety of commercial amenities. (id:27)

Building Features:

  • Style: Industrial
  • Building Type: Warehouse
  • Air Conditioning: Yes
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Partially air conditioned

Property Features:

  • Property Type: Industrial
  • Bathrooms: 3
  • Irregular: Yes
  • Lot Depth: 401.0 Feet
  • Lot Frontage: 176.0 Feet
  • Lot Size: 176 x 401 FT
  • Zoning: E3

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 1229 LORIMAR DRIVE, Mississauga, Ontario, L5S 1R2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 1229 LORIMAR DRIVE , experiences 7 hot days per year at around 31.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.2 degrees Celsius.

Projected Avg. Temperature

Past
31.6℃
2050
35.2℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 1229 LORIMAR DRIVE , experiences 11 significant 2-day storms per year, with about 297.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 367.3mm of precipitation per year.

Precipitation Per Storm

Past
297.7mm
2050
367.3mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1229 LORIMAR DRIVE, Mississauga, Ontario, L5S 1R2

Life Stage

Young Families

Employment Type

Service Sector

Average Household Income

$98,000.00

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

29.41 %

High school certificate or equivalent

29.41 %

Apprenticeship trade certificate/diploma

7.36 %

College/non-university certificate

14.7 %

University certificate (below bachelor)

2.94 %

University Degree

16.17 %

Commuter

Travel To Work

By Car

79.42 %

By Public Transit

8.82 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

11.76 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

46.16 %

Own Vs. Rent

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