Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

6660 Kennedy Road 27, Mississauga, ON L5T 2M9

Industrial
$2,249,000

Outstanding opportunity to own a highly visible 4,422 sq. ft. corner industrial condominium unit strategically positioned at the main entrance of a busy commercial-industrial complex. Offering greater frontage and window coverage than other units in the development, the property delivers exceptional exposure, prominent signage opportunities, and abundant natural light. The unit features 16.5-foot clear height, a drive-in shipping door, ample on-site parking and a professionally finished office area complete with washrooms and a kitchenette. The corner configuration may offer the potential to enlarge the existing drive-in door or add additional shipping doors, subject to condominium, municipal and other required approvals. Flexible E2 zoning permits a wide variety of industrial, commercial and business uses, making the property ideal for an owner-occupier, investor, showroom, warehouse, service business or light industrial operation. Situated directly on busy Kennedy Road within an established Mississauga employment and commercial node, the property provides quick access to Highways 401, 410 and 407, public transit, Pearson International Airport and the broader GTA. The surrounding area offers a strong labour pool, excellent transportation connectivity and convenient access for employees, customers and commercial vehicles. A rare combination of visibility, functionality, flexible zoning and convenient highway access. Immediate occupancy is available.

MLS number
W13723934
Type
Industrial
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L5T 2M9
Photos
3
15days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

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.

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.

SchoolLevelDistanceRating
The New EducatorSecondary16 mNot reported
NOVA INTERNATIONALSecondary2.4 kmNot reported
Le Mother Mary High SchoolSecondary2.5 kmNot reported
Simcoe AcademySecondary2.2 kmNot reported
Dewey CollegeElementary and secondary2.4 kmNot reported

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,137 people.

$144,000Median household income
89.7%Own their home
54.4%Detached houses
38Median age
55.4%Born outside Canada
36.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35211702 — the few blocks around this address, home to 1,137 people. It describes the area, not this property.

1,137Population
39.3Average age
4Household size
$140,000Average household income
$144,000Median household income
90%Own their home
10%Rent
3%Condominiums
55%Born outside Canada
36%University degree
$1,170,000Average home value
6%Low income
47%Not in the labour force
34%Never married
$25,000 to $29,9991%
$35,000 to $39,9992%
$40,000 to $44,9991%
$45,000 to $49,9991%
$50,000 to $59,9992%
$60,000 to $69,9993%
$70,000 to $79,9992%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over40%
$100,000 to $124,9996%
$125,000 to $149,9995%
$150,000 to $199,99911%
$200,000 and over18%

Percentages are of the 470 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.

$449,800 · minimum here is $449,800
$9,958.09per month
Borrowed before insurance$1,799,200
Total borrowed$1,799,200
Interest over 25 years at 4.5%$1,188,226

If you rented it out

-$9,958.09per month out of pocket
Rent$0.00
Everything it costs to hold$9,958.09
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.

Listed by REAL BROKER ONTARIO LTD.. Listing data provided by the Toronto Regional Real Estate Board.