649 Queensway WAY new

Mississauga,ON L5B 1C2

$ 35

- Bed

- Bath

10100 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Rent

Square Footage 10,100 sqft

Subdivision Erindale

MLS Listing ID W12092938

Annual Tax Amount $59,204

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

This prime C1-zoned commercial plaza presents an exceptional investment and leasing opportunity on a busy corner lot in a high-traffic, rapidly growing area. Situated on approximately 0.96 acres with a 10,100 sq. ft. building, the property is surrounded by a large, established residential community, making it an ideal location for a variety of businesses. The flexible layout, which includes three main entrances and three separate utility meters, allows tenants the option to lease the entire space or divide it to suit their specific needs. With parking for up to 54 vehicles and the potential for expansion, the property is well-suited for uses such as daycares, retail stores, restaurants (dine-in or take-out), medical and professional offices, financial institutions, veterinary clinics, private clubs, and other service-based businesses. Historically, the site operated as a private school for over 25 years and has previously been configured to accommodate both retail and medical clinic functions. Its strategic location just minutes from the future $2 billion hospital development further enhances its appeal, especially for health-related services such as clinics or pharmacies. This adaptable and highly visible space offers exceptional long-term value for both business owners and investors.

Location

Province ON

County Peel

Community Erindale

Area Peel

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 188.64

Lot Depth 156.76

Others

Security Features Yes

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