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Mississauga, ON L5T 3A1,25 Aventura CT
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Mississauga, ON L5T 3A1,25 Aventura CT
Mississauga, ON L5T 3A1,25 Aventura CT
Mississauga, ON L5T 3A1,25 Aventura CT
Mississauga, ON L5T 3A1,25 Aventura CT
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 17,000,000
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Pending

25 Aventura CT Mississauga, ON L5T 3A1

4 SqFt

UPDATED:

11/08/2024 01:15 AM

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

Listed by IPRO REALTY LTD.
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25 Aventura CT