1261 North Sherdian Way

Sheridan, Mississauga, L5H 2A3

$5,500,000

Reduced $1,400,000 from $6,900,000

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Listed 231 days ago · MLS® W12840412

About this home

Exceptional opportunity to acquire a prominent commercial property in one of Mississauga's most prestigious and established neighbourhoods. Located at 1261 North Sheridan Way, this corner-lot property offers outstanding visibility and accessibility, just minutes from the QEW and other major highways, providing seamless connectivity throughout the GTA.The existing building features over 6,000 sq. ft. of built-up area situated on approximately 0.75 acres of land, currently operating as a church. The generous lot size, corner exposure, and ample on-site parking make this property highly functional and adaptable for a wide range of uses.The property presents excellent potential for redevelopment or conversion to avariety of suitable uses (buyer to verify). Whether reimagined as a place of worship, community facility, educational institution, daycare, medical or professional space, this site offers flexibility to align with evolving market demands. Surrounded by a prestigious residential community and established amenities, this location combines strong demographics with long-term growth potential. The site's prime positioning along North Sheridan Way ensures high visibility and strong future appreciation prospects. For investors and end-users alike, this is a rare opportunity to secure a sizable parcel in a sought-after Mississauga corridor with both immediate usability and significant upside potential. With continued growth and redevelopment across the city, this property represents a strategic investment in one of the GTA's mostdesirable markets. A truly unique offering with scale, location, and future potential, an exceptional addition to any real estate portfolio.

Details

Type
Commercial Retail
Lot
225.2 × 114.63 ft
Garage
None
Property tax
$673 (2025)
Neighbourhood
Sheridan
Municipality
Mississauga

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Utilities
Available

Building and exterior

Building area
6,227 Square Feet

More

Possession
Flexible
Cross street
Mississauga Rd & North Sheridan Way

Listed by CENTURY 21 PROPERTY ZONE REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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