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Home · Buy · Mississauga · 1200 Lorimar Drive 7-8, Mississauga, ON L5S 1R4
1200 Lorimar Drive 7-8, Mississauga, ON L5S 1R4
1200 Lorimar Drive 7-8, Mississauga, ON L5S 1R4
1200 Lorimar Drive 7-8, Mississauga, ON L5S 1R4
1200 Lorimar Drive 7-8, Mississauga, ON L5S 1R4
1200 Lorimar Drive 7-8, Mississauga, ON L5S 1R4+ 24 photos
For Sale · Industrial

1200 Lorimar Drive 7-8, Mississauga, ON L5S 1R4

Mississauga · Northeast
Outside/Surface garage
0
Beds
1
Baths
0
Parking
3671 sq ft
Sq ft
—
Built
The honest picture
List price
$1,999,000
Renavu Estimate
—
Benchmark · All homes
$891,700
Listed 124% above the Mississauga benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.

About this home

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, Facing (40ft front w/windows) to Derry Rd, close to Dixie Rd Sikh Temple, just minutes from Toronto Pearson 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, Option to sell/buy both spearately) 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. 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** Taxes & Condo fee combined for both units**

Property details

Listed on
February 13, 2026
Days on market
161 days
Property tax
$12,500 (2025)
Lot
40 × 91 Feet
Heating
Gas Forced Air Open
Cooling
No
MLS®
W12787540

Full details

Parking
GarageOutside/Surface

Property & sold history

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See this home's sale & listing history

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Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$36,455
Legal · title · inspection$2,800
Closing costs$39,255
Down payment$399,800
Total cash to close$439,055
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$1,999,000
MLS® W12787540 · Listed by RE/MAX REALTY SPECIALISTS INC.
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of RE/MAX REALTY SPECIALISTS INC.. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated July 2, 2026.

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