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$16,800,000
Available - For Sale
Listing ID: W12167157
Prime banquet hall site in central Mississauga. The seller is submitting plans to the City for change of use and with its approval, this represents a rare chance to secure a high-demand banquet hall location. It will be configured with two separate halls that have a total capacity of 850 guests. The larger hall will be able to host up to 700 guests, with the smaller one having a capacity of 150. 1040 Jayson Court is a freestanding warehouse situated on 2.076 acres offering immediate vacant possession for the new owner. Building specs include 18'1" clear height, 600V/400A power, 4 TL doors with 53' trailer access, 2 DI doors, and a 13% office footprint. Recent CapEx initiatives include: roof replacement (2018), sprinkler system upgrade (2021), and partial asphalt update (2023). Seller has clean Phase I ESA and PCA reports (April 2024). Outstanding GTA location with Tomken Road exposure and quick access to Highways 401, 403, 410, Pearson Airport, public transit options and a variety of amenities.
Price $16,800,000
Taxes: $84,670
Tax Type: Annual
Occupancy by: Vacant
Address: 1040 Jayson Cour , Mississauga, L4W 2V5, Peel
Postal Code: L4W 2V5
Province/State: Peel
Legal Description: PT LT 3 CON 3 EHS & PT LT 4 CON 3 EHS DE
Directions/Cross Streets: Tomken Rd / Matheson Blvd E
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: Free Standing
Use: Warehouse
Building Percentage: T
Total Area: 37,384
Total Area Code:  Square Feet
Office/Appartment Area: 17
Office/Appartment Area Code: %
Office/Appartment Area Code: %
Area Influences: Major Highway   Public Transit
Approximatly Age: 31-50
Maintenance: 0
Sprinklers: Yes
Rail: N
Clear Height Feet: 18
Truck Level Shipping Doors #: 4
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 2
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Partial
Sewers: Sanitary+Storm
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COLLIERS

1040 Jayson Cour , Mississauga, L4W 2V5, Peel


 
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At a Glance:
Type: Com - Industrial
Area: Peel
Municipality: Mississauga
Neighbourhood: Northeast
Style:
Lot Size: x 328.43(Feet)
Approximate Age: 31-50
Tax: $84,670
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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