For saleMLS® W13810882

1020 Lorimar Drive, Mississauga, ON L5S 1R8

Northeast, Mississauga · Near Tomken Rd & Derry Rd E · View map

$11,325,000
24610Sq ft
IndustrialType
Outside/SurfaceGarage
NoneParking
$58,522/yrTaxes
$11,325,000
FreeholdNo monthly condo fee
Outside/Surface garageFrom the listing
Lot 200 x 250 ftThe land comes with the home

About this home

Well-maintained 24,610 sf single-tenant industrial building featuring 21' clear height, quality precast construction and ESFR-sprinklers .Robust 800A power supply. Versatile shipping configuration with 3 truck-level docks and 2 oversized drive-in doors. Strategically positioned in Mississauga's Northeast industrial node off Tomken Road. Excellent connectivity with proximity to Highway 401 and MiWay/ GOTransit service along the Tomken corridor.

The home

Type
Industrial
Square footage
24610 sq ft
Lot size
200 x 250 ft
Approximate age
31-50 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Yes

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Partial

Garage & parking

Garage
Outside/Surface
Total parking
None

Taxes & other

Property taxes
$58,522/yr
Tax year
2026
Occupancy
Vacant
Possession
60-89 days
Cross street
Tomken Rd & Derry Rd E
Neighbourhood
Northeast

More

MLS® number
W13810882

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$50,559per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    1020 Lorimar Drive, Mississauga, ON L5S 1R8

    Northeast, Mississauga · Near Tomken Rd & Derry Rd E

    Get directionsWhat’s nearby

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    Sold history

    Listing history for 1020 Lorimar Drive

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 1020 Lorimar Drive

    Answers come straight from this home’s MLS® listing.

    How much is 1020 Lorimar Drive listed for, and what would it cost each month?

    1020 Lorimar Drive is listed for $11,325,000. With 20% down ($2,265,000), the mortgage payment would be roughly $45,682 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $50,559 a month, all in. That figure is an illustration, not a quote.

    Is 1020 Lorimar Drive freehold or a condo, and is there a monthly fee?

    1020 Lorimar Drive is a industrial in Northeast, Mississauga. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 1020 Lorimar Drive have a garage and parking?

    Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.

    What style of home is 1020 Lorimar Drive?

    1020 Lorimar Drive is an industrial. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 1020 Lorimar Drive, and what is the lot size?

    The lot is listed as 200 x 250 ft.

    How is 1020 Lorimar Drive heated and cooled?

    Heating is gas forced air closed. Cooling is partial.

    What are the property taxes for 1020 Lorimar Drive?

    Property taxes are $58,522 a year (2026), or about $4,877 a month.

    Where is 1020 Lorimar Drive?

    1020 Lorimar Drive is in the Northeast community of Mississauga. The nearest main intersection is Tomken Rd & Derry Rd E. The postal code is L5S 1R8.

    Is 1020 Lorimar Drive still for sale?

    Yes. It is an active listing (MLS® W13810882). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 1020 Lorimar Drive asking?

    Similar properties for sale nearby right now include 939 Pantera Drive at $10,950,000, 1090 Brevik Place at $9,580,000 and 6449 Netherhart Road at $8,575,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 1020 Lorimar Drive sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 1020 Lorimar Drive?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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