1040 Jayson CT Active

Mississauga,ON L4W 2V5

$ 16800000

- Bed

- Bath

37384 SqFt


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

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

View More
Favorite Go Tour