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649 Queensway WAY Mississauga, ON L5B 1C2
10,100 SqFt
UPDATED:
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
Listed by RE/MAX HALLMARK REALTY LTD.