1200 Lorimar Drive 7-8, Mississauga, ON L5S 1R4
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**
- MLS number
- W12787540
- Type
- Industrial
- Status
- Active
- Bedrooms
- —
- Bathrooms
- 1
- Postal code
- L5S 1R4
- Photos
- 29
- Property tax
- $12,500 / year
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Industrial
- Class
- Commercial
- Community
- Northeast
- Municipality
- Mississauga
- Cross street
- Dixie Rd/Derry Rd
- Zoning
- E2
Inside
- Bathrooms
- 1
- Washrooms
- 1
- Rooms
- 0
Parking
- Garage
- Outside/Surface
Land
- Lot
- 40 × 91 feet
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Cooling
- No
- Water
- Municipal
- Sewer
- Sanitary+Storm
Listing
- MLS number
- W12787540
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-02-13
- Expires
- 2026-10-30
- Taxes
- $12,500 (2025)
- Board
- Toronto Regional Real Estate Board
Listing history
No previous listings found for this address.
Where this property is
Where this address sits, matched against open government data.
Matched to the building rather than the unit — every unit in a tower shares one coordinate.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| NOVA INTERNATIONAL | Secondary | 143 m | Not reported |
| Shiloh Christian Institute | Elementary and secondary | 330 m | Not reported |
| Quark West School | Elementary and secondary | 1.3 km | Not reported |
| The New Educator | Secondary | 2.5 km | Not reported |
| Wali ul Asr School -GTA West Campus | Elementary | 2.5 km | Not reported |
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 446 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35211696 — the few blocks around this address, home to 446 people. It describes the area, not this property.
Percentages are of the 165 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.