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2857-2861 Derry Rd
Mississauga, ON L4T 1A6

$773,558 USD

Storefront Retail Residential Condos For Sale  •  2,200+ SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 7,266 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1969
  • Tenancy Multiple
  • Zoning C3
72 Transit Score
79 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 2859 Retail 2,422 SF $773,558 USD
  • Unit Size: 2,422 SF
  • Condo Use: Retail
  • Price: $773,558 USD
  • Sale Type: Investment
  • Price/SF: $319.39 USD
Description
Main floor: 822 SF. 2nd Floor Residential: 800 SF, Basement: 800 SF.

Sale Notes
Residential tenant to a family of 2. leased since April 2022 for $1819.13/Month.

1st Floor - Unit 2861 Retail 2,200 SF $773,558 USD
  • Unit Size: 2,200 SF
  • Condo Use: Retail
  • Price: $773,558 USD
  • Sale Type: Investment
  • Price/SF: $351.62 USD
Description
Main floor: 750 SF. 2nd Floor Residential: 700 SF, Basement: 750 SF.

Sale Notes
Residential rented to an individual. lease since November 2021. Monthly rent: $1,612.50/month and for parking:

Description

The ground floor retail space has been opened with a "Walk-through" opening between the 2 units. This forms a single ground level retail space approx.. 1500 SF. This can be removed as each building has separate meters and entrances. Access to the rear parking is possible through an on-going parking access agreement with the neighboring site owner. The current agreement expires in October 2025. The current agreement costs $420.90+HST per month, per unit or $841.80+HST per month total.

Highlights

Very good area
Very good exposure
Heavy foot traffic

Property Flyers

Amenities

  • Bus Line

Public Transportation

Commuter RailDriveWalkDistance
Malton Go Station Rail (Kitchener Train - GO Transit) 2 min 9 min 0.5 mi
Up Express Pearson Airport (Union Pearson Express - UP Express) 7 min - 2.8 mi
AirportDriveWalkDistance
Toronto Pearson International 18 min - 7.6 mi
Billy Bishop Toronto City Airport 31 min - 17.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Matt Cappuccitti 289-804-5884 eXp Realty, Inc. Brokerage
Matt Cappuccitti 289-804-5884 eXp Realty, Inc. Brokerage