1040 Jayson Court, Mississauga, ON L4W 2V5

Mississauga L4W 2V5 Ontario

MLS: W12167157

$16,800,000

Added 28 days ago | For Sale

Listed by: COLLIERS

About Property

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.

Features

  • House Style:Industrial
  • Bathrooms:
  • Land Size: 108.84 X 328.43
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Tomken Rd / Matheson Blvd E
  • Basement: ,
  • Possession Date:Immediate
  • Annual Property taxes: $84670
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12167157

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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