25 Aventura CT Pending Save Request In-Person Tour Request Virtual Tour
Mississauga,ON L5T 3A1
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 4 sqft
Price per Sqft $4,250,000
MLS Listing ID W9508144
Annual Tax Amount $160,000
Tax Year 2024
Property Description
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.
Location
Province ON
County Peel
Community Major Highway,Public Transit
Area Gateway
Interior
Cooling Partial
Exterior
Community Features Major Highway,Public Transit
Utilities Available Available
Others
Security Features Partial