1261 North Sherdian Way, Mississauga, ON L5H 2A3
Sheridan, Mississauga · Near Mississauga Rd & North Sheridan Way · View map
About this home
Exceptional opportunity to acquire a prominent commercial property in one of Mississauga's most prestigious and established neighbourhoods. Located at 1261 North Sheridan Way, this corner-lot property offers outstanding visibility and accessibility, just minutes from the QEW and other major highways, providing seamless connectivity throughout the GTA.The existing building features over 6,000 sq. ft. of built-up area situated on approximately 0.75 acres of land, currently operating as a church. The generous lot size, corner exposure, and ample on-site parking make this property highly functional and adaptable for a wide range of uses.The property presents excellent potential for redevelopment or conversion to avariety of suitable uses (buyer to verify). Whether reimagined as a place of worship, community facility, educational institution, daycare, medical or professional space, this site offers flexibility to align with evolving market demands. Surrounded by a prestigious residential community and established amenities, this location combines strong demographics with long-term growth potential. The site's prime positioning along North Sheridan Way ensures high visibility and strong future appreciation prospects. For investors and end-users alike, this is a rare opportunity to secure a sizable parcel in a sought-after Mississauga corridor with both immediate usability and significant upside potential. With continued growth and redevelopment across the city, this property represents a strategic investment in one of the GTA's mostdesirable markets. A truly unique offering with scale, location, and future potential, an exceptional addition to any real estate portfolio.
The home
- Type
- Commercial retail
- Square footage
- 6227 sq ft
- Lot size
- 225.2 x 114.6 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Partial
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $673/yr
- Tax year
- 2025
- Occupancy
- Owner+Tenant
- Possession
- Flexible
- Cross street
- Mississauga Rd & North Sheridan Way
- Neighbourhood
- Sheridan
More
- MLS® number
- W12840412
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
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.
1261 North Sherdian Way, Mississauga, ON L5H 2A3
Sheridan, Mississauga · Near Mississauga Rd & North Sheridan Way
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Listing history for 1261 North Sherdian Way
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1261 North Sherdian Way
Answers come straight from this home’s MLS® listing.
How much is 1261 North Sherdian Way listed for, and what would it cost each month?
1261 North Sherdian Way is listed for $5,500,000. With 20% down ($1,100,000), the mortgage payment would be roughly $22,185 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $22,242 a month, all in. That figure is an illustration, not a quote.
Is 1261 North Sherdian Way freehold or a condo, and is there a monthly fee?
1261 North Sherdian Way is a commercial retail in Sheridan, 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 1261 North Sherdian Way have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 1261 North Sherdian Way?
1261 North Sherdian Way is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 1261 North Sherdian Way, and what is the lot size?
The lot is listed as 225.2 x 114.6 ft.
How is 1261 North Sherdian Way heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 1261 North Sherdian Way?
Property taxes are $673 a year (2025), or about $56 a month.
Where is 1261 North Sherdian Way?
1261 North Sherdian Way is in the Sheridan community of Mississauga. The nearest main intersection is Mississauga Rd & North Sheridan Way. The postal code is L5H 2A3.
Is 1261 North Sherdian Way still for sale?
Yes. It is an active listing (MLS® W12840412). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 1261 North Sherdian Way asking?
Similar properties for sale nearby right now include 1581 Courtneypark Drive E at $5,350,000, 1160 Fewster Drive at $5,700,000 and Unit 3 - 4500 Tomken Road at $5,198,050. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1261 North Sherdian Way 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 1261 North Sherdian Way?
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.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.