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$ 16,800,000
Est. payment /mo
Active
1040 Jayson CT Mississauga, ON L4W 2V5
37,384 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 37,384 sqft
Price per Sqft $449
Subdivision Northeast
MLS Listing ID W12167157
Building Age 31-50
Annual Tax Amount $84,670
Tax Year 2025
Property Sub-Type Industrial
Lot Depth 328.43
Lot Front 108.84
Property Description
Prime banquet hall site in central Mississauga. The seller is submitting plans to the City for change of use and with its approval, this represents a rare chance to secure a high-demand banquet hall location. It will be configured with two separate halls that have a total capacity of 850 guests. The larger hall will be able to host up to 700 guests, with the smaller one having a capacity of 150. 1040 Jayson Court is a freestanding warehouse situated on 2.076 acres offering immediate vacant possession for the new owner. Building specs include 18'1" clear height, 600V/400A power, 4 TL doors with 53' trailer access, 2 DI doors, and a 13% office footprint. Recent CapEx initiatives include: roof replacement (2018), sprinkler system upgrade (2021), and partial asphalt update (2023). Seller has clean Phase I ESA and PCA reports (April 2024). Outstanding GTA location with Tomken Road exposure and quick access to Highways 401, 403, 410, Pearson Airport, public transit options and a variety of amenities.
Location
Province ON
County Peel
Community Northeast
Area Peel
Interior
Cooling Partial
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 108.84
Lot Depth 328.43
Others
Security Features Yes
Listed by COLLIERS
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