Kandarp Pancholi

25 Aventura Crt, Mississauga, L5T 3A1 , Ontario

Price:

$17,000,000.00

Status:

Land Designated

MLS#:

W9505782

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$17,000,000.00

Tax:

160000.00(2024)

Community:

Gateway

City:

Mississauga

4.40 Acres Total Area
Municipal Water
LandType
Office Area
Basement
Garage

Interior:

Fireplace

Exterior:

Brick

Heating:

Forced Air

Lot Features:

Public Transit, Ravine, River/Stream, Wooded/Treed

Listing Contracted with: IPRO REALTY LTD.

Description:

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.

Highlights:

Land W9505782