16 – 6980 MARITZ DRIVE

$1,100,000

Gateway, Mississauga, Ontario

  • 1,050 square feet
Commercial · RetailType
Forced airHeating
Fully air conditionedCooling
200Days on market
$1,048 / sqftPrice / sqft

About this property

EXCELLENT CASH-FLOW OPPORTUNITY. INVESTORS ONLY Fully leased commercial unit with a high-profile franchise juice & café bar as tenant. Buyer to assume existing lease. Strong, established tenant with consistent foot traffic provides stable and predictable income.E2 zoning permits a wide range of commercial uses, adding long-term flexibility and exit value.Prime location in a rapidly developing corridor near the Mississauga Convention Centre, future Smart Centre development, Walmart Distribution Facility, hotels, and dense residential neighbourhoods. Walking distance to LRT and minutes to major highways and transit.Located in a well-maintained plaza with a solid professional and food-service tenant mix. Ideal hands-off investment with immediate income and long-term appreciation in a high-growth area. (id:66327)

Property details

Interior

Living area
1,050 square feet
Appliances
Window Coverings

Exterior & parking

Structure type
Retail
Architectural style
[]
Lot size
Unit=18 x 56 FT

Building & HOA

Heating
Forced air
Cooling
Fully air conditioned

Financial & legal

List price
$1,100,000
Price / sqft
$1,048 / sqft
Annual taxes
$5,085
Status
Active
MLS® number
W12771448

Location

City
Mississauga
Neighbourhood
Gateway
Province
Ontario
Postal code
L5W1Z3
Directions
Hurontario St/Derry Rd

Mortgage calculator

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).