For Sale

1200 Lorimar Drive Unit# 7-8, Mississauga, Ontario L5S 1R4

$1,999,000

1200 Lorimar Drive Unit# 7-8, Mississauga, Ontario L5S 1R4 is For Sale and has a listing price of 1,999,000. The property is located in the Mississauga . It's been on the website for 3 Days.

  • Industrial
    Property Type
  • 1
    Bathrooms
  • MLS ID: W12787540
  • Office Name RE/MAX REALTY SPECIALISTS INC.
Property 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, Opposite of Dixie Rd Sikh Temple, just minutes from Toronto Pearson International 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) 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. Full zoning details available upon request. 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** – Buyer/Buyer Agent do own due diligence, List of zoning, use and other info available**

Property Details
  • MLS ID: W12787540
  • Bathrooms: 1
  • Price: $1,999,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: W12787540
  • Year Built: N/A
  • Dir / Cross St: Dixie Rd/Derry Rd
  • Status: Active
  • Tax Year: 2025
  • Property Type: Industrial
  • Property Type: Commercial
  • Property Sub Category: Industrial
Price History
List Date MLS ID List Price Status End Date Closed Price
02/13/2026 W12787540 $1,999,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Mississauga
  • $1,173,928 Average List Price
    based on 1 year
  • 1,338 New Listings
    based on 30 days
  • 94 Median Days on Market
    based on 1 year
  • List vs. Selling Price 272.99 % Up
  • Sold (12mo) 1,741
  • Rented (12mo) 1,838

  • 1 Month Change -67.8%
  • 3 Month Change -72.2%
  • 6 Month Change -46.9%
Walkscore
Property Type Distribution
  • All Houses
    35.34%
  • Commercial
    7.14%
  • Condo
    57.5%
  • Land for Sale
    0.01%
  • Parking
Additional Details
  • Heat Type Gas Forced Air Open
  • Washroom Type1: 1
  • Heating System Y
  • Garage Type Outside/surface
  • Taxes: $12,500
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: tba
  • Listing Entry Date: 13/02/2026 18:21:35
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