Gateway Center offers a 4.49-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. |
Extras: VTB CAN BE ARRANGED FOR QUAIFIED BUYERS DEPENDING ON TERMS OF APS |
Price | $17,000,000 |
Taxes: | $160000.00 |
Tax Type: | Annual |
Occupancy by: | Own+Ten |
Address: | 25 Aventura Crt , Mississauga, L5T 3A1, Ontario |
Postal Code: | L5T 3A1 |
Province/State: | Ontario |
Legal Description: | PT LT 4 PL 43M-948 DES PTS 1, 2, 3, 4 PL |
Directions/Cross Streets: | DERRY AND 10 |
Category: | Designated |
Use: | Other Retail |
Total Area: | 4.40 |
Total Area Code: | Acres |
Financial Statement: | N |
Chattels: | N |
Franchise: | N |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
IPRO REALTY LTD. |
|
Book Showing | Email a Friend |
Type: | Com - Land |
Area: | Peel |
Municipality: | Mississauga |
Neighbourhood: | Gateway |
Tax: | $160,000 |