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$17,000,000
Available - For Sale
Listing ID: W9508144
Gateway Center offers a 4.4-acre plaza featuring a Tim Hortons drive-through. There's also a 2-acre prime development site within, ideal for a hotel/banquet facility or retail with office space above. Located on the new LRT line at the major intersection of Derry and 10, the plaza includes other food brands like Mr. Sub, Pita and Grill, and St. Louis Bar. In Mississauga, zoned and serviced land is selling for $4M-$5M per acre, making this site a very rare opportunity with consistent income and huge development upside. This isn't a cap rate sale; it's a development site with reliable revenue. The plaza features 3 stand alone buildings with over allocated parking and high visibility, ensuring maximum exposure to 1000s of daily passengers on board the new LRT line and very high vehicle traffic.
Extras:   VTB can be arranged for the right Buyer
Price $17,000,000
Taxes: $160,000
Tax Type: Annual
Occupancy by: Own+Ten
Address: 25 Aventura Crt , Mississauga, L5T 3A1, Ontario
Postal Code: L5T 3A1
Province/State: Ontario
Legal Description: PT LT 4 PL 43M-948 DES PTS 1, 2, 3, 4 PL
Directions/Cross Streets: DERRY AND 10
Zoning: COMMERCIAL
Category: Multi-Use
Building Percentage: Y
Total Area: 4.4
Total Area Code:  Acres
Retail Area: 12930
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Franchise: N
Sprinklers: Part
Crane: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Part
Sewers: Sanitary
Water: Municipal
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IPRO REALTY LTD.

25 Aventura Crt , Mississauga, L5T 3A1, Ontario


 
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Type: Com - Commercial/Retail
Area: Peel
Municipality: Mississauga
Neighbourhood: Gateway
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