Salehian.com 647-325-5000

7060 Airport Road

Malton, Mississauga, L4T 2G8

$1,499,000

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Listed 77 days ago · MLS® W13633218

About this home

Sale of Live Work Retail Property with 3 furnished residential units [2 bedrooms (Kitchen,1 washroom) Apartment + 1 bedroom (kitchen, 1 washroom) Apartment on 2nd floor + 1 bedroom (kitchen, 1 washroom) apartment in the basement + RETAIL unit on main floor and part basement]. Freshly updated interiors of all the units in the property with ample natural light. Currently used as a Medical Spa & BeautyTraining Centre. Plaza has multiple permitted uses and ample parking. Main floor Approx 900 sq.ft + Second floor Approx 900 sq.ft + Additionally Approx 900 sq. ft finished Basement. Close to Major highways-407, 427, GO station Prime intersection - Derry/Airport. Perfect for Investors: Income generating Asset 2nd floor units: 2 bedroom+1 bedroom fully furnished currently operated as AIRbnb through property management company and generating $5000 per month; 1 Bedroom basement unit leased for $1200 per month + Retail unit has been leased for a term of 5 years for $5500 per month. CAP RATE Approx over 7.5%.

Details

Type
Commercial Retail
Garage
Outside/Surface
Property tax
$7,714 (2025)
Neighbourhood
Malton
Municipality
Mississauga

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Utilities
Available

Building and exterior

Building area
1,800 Square Feet

More

Possession
TBA
Cross street
Derry Rd E/Airport Rd

History of this address

7 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

  • 🚆 Viscount GO2.8 km

Within a 10-minute walk: no grocery stores, 11 cafés and restaurants, 5 parks, 1 pharmacy. Nearest park: Frank McKechnie Park (100 m).

Schools nearby

Elementary

  • Ridgewood Public School
    EQAO: Gr 3 reading 71%, math 58%    1.2 km
  • Marvin Heights Public School
    EQAO: Gr 3 reading 86%, math 81%    1.4 km
  • Lancaster Public School
    EQAO: Gr 3 reading 62%, math 44%    1.6 km
  • St. Raphael School Catholic
    EQAO: Gr 6 reading 83%, math 31%    1.8 km

Secondary

  • Morning Star Middle School18 min walk
  • Ascension of Our Lord Secondary School Catholic
    EQAO: Gr 9 math 40%, literacy test 69%    2.1 km
  • Lincoln M. Alexander Secondary School
    EQAO: Gr 9 math 37%, literacy test 80%    2.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L4T

Owners / renters
60% / 40%
Median household income
$84,000
Average age
38
Children under 15
16%
Homes
22% detached, 11% high-rise
Commute by transit
21%
Population
38,182

Languages spoken most at home besides English: Punjabi (Panjabi) 18.6%, Urdu 3%, Hindi 2.5%, Gujarati 2.4%.

Flood and conservation Regulated area

This address is inside a conservation-authority regulated area (Toronto and Region Conservation Authority): near a valley, stream, shoreline or wetland, where flooding or erosion can occur. New building, additions, pools or grading usually need a permit from the authority.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Peel Region (Mississauga/Brampton) police: 59 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Development nearby 2 active

  • 5, 7 and 9 Beverley Street · 450 m
    Development application · In process · applied 2022
    Back-to-back townhouses (16 units) (16 homes)
  • 7062 Airport Road · 150 m
    Development application · In process · applied 2022
    Rezoning for a two-storey mixed use building

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Toronto and Region Conservation Authority open data. Crime Severity Index: Statistics Canada. Planning applications: City of Mississauga open data.

Living here

Commute

To Union Station (downtown Toronto): 22 km. Transit times · Driving times

Noise 1 source nearby

  • 🚆 Rail line (Weston Subdivision)0 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX OPTIMUM REALTY.

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

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