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1200 Lorimar Drive Mississauga ON

📍 Mississauga, Ontario L5S 1R4

$1,999,000

Active
1BATHS
40×91LOT (FT)

📋 Listing Highlights

StatusActive
MLS®W12787540
ListedFeb 13, 2026
Days on Market—
Property TypeCommercial
StyleIndustrial
Cross StreetDixie Rd/Derry Rd
Possessiontba
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📝 Listing Description

An exceptional dual-unit offering 3,671 sq ft in a prime location with excellent Derry Road exposure and quick access to Highway 410/401, Facing (40ft front w/windows) to Derry Rd, close to Dixie Rd Sikh Temple, just minutes from Toronto Pearson Airport. Situated in a clean, well-maintained complex within a thriving commercial corridor on the border of Mississauga and Brampton, this property includes two units (1,804 sq ft and 1,867 sq ft - total 3,671 sq ft, Option to sell/buy both spearately) with a washroom, offering flexibility for investors or end-users** Electrical AMP for heavy duty usage** Zoned E2, the property permits a wide range of uses including restaurants, recreational facilities, manufacturing, office, warehouse/distribution, light industrial, science & technology facilities, commercial schools, financial institutions, service establishments, and accessory retail. Designed for efficient operations and shipping, the unit features two drive-in doors, including one with approximately 14+ ft clearance to accommodate large trucks and trailers**The generous layout allows easy maneuvering and turnaround for transport vehicles. Currently operating as a woodworking door and window business(Business not for sale), this versatile space is ideal for a wide range of industrial and commercial applications including office, warehouse/distribution, light manufacturing, science & technology facilities, commercial schools, financial institutions, service establishments, and accessory retail uses** Taxes & Condo fee combined for both units**

🏠 Property Details

Property TypeCommercial
StyleIndustrial
Bathrooms1

📐 Lot & Land

Lot Width40 ft
Lot Depth91 ft
Cross StreetDixie Rd/Derry Rd

🔧 Building & Utilities

HeatingGas Forced Air Open
CoolingNo
GarageOutside/Surface

💰 Financial

List Price$1,999,000
Annual Taxes$12,500 (2025)
Possessiontba

🧮 Mortgage Calculator

$399,800
Est. Monthly Payment
$9,820/mo
Principal: $1,599,200 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by RE/MAX REALTY SPECIALISTS INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #W12787540 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.