Homula Realty Brokerage
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261 Ambassador Drive, Mississauga, ON L5T 2J2

Industrial
$17,895,000

State-of-the-art industrial building showcasing true pride of ownership. Also on the market for lease. Exceptional location with excellent shipping access. Existing showroom area can be converted back to high-clear warehouse space, restoring full clear height. Flexible, open-ended possession options available. Minutes to the 400-series highways. Excellent zoning permitting a wide range of industrial and commercial uses. Walking Distance to the Hurontario (LRT). Ample Employee Parking (58 Parking spots) Comprehensive Due Diligence Package Available Completed Including Phase I, Appraisal, Survey And Building Drawings.

MLS number
W13755060
Type
Industrial
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L5T 2J2
Photos
8
Property tax
$95,950 / year
3days · this listing
3days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this home is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

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
Mississauga Secondary School
Peel DSB
Secondary2.3 km7.1 / 10
71% met the standard · 2 of 6 measures
École élémentaire Le Flambeau
CS Viamonde
Elementary2.3 km8.0 / 10
80% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

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.

$3,579,000 · minimum here is $3,579,000
$79,235.19per month
Borrowed before insurance$14,316,000
Total borrowed$14,316,000
Interest over 25 years at 4.5%$9,454,556

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$57,406.02per month out of pocket
Rent$29,825.00
Everything it costs to hold$87,231.02
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 REN/TEX REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.