For saleMLS® W12460021

5205 Satellite Drive, Mississauga, ON L4W 5P9

Airport Corporate, Mississauga · Near Satellite Drive & Matheson Blvd E · View map

$15,200,000
62359Sq ft
OfficeType
Outside/SurfaceGarage
NoneParking
$249,617/yrTaxes
$15,200,000
FreeholdNo monthly condo fee
Outside/Surface garageFrom the listing

About this home

Outstanding opportunity to acquire a Class-A, freestanding two-storey office building. Recently renovated with high-end finished throughout, the space features a versatile layout including open work area, multiple boardrooms, private offices, and an executive suite. Spacious lunchroom and kitchen with access to an outdoor patio. Situated in one of Mississauga's most prestigious office business parks, the property offers excellent connectivity to Highways 401, 409 and 427 as well as Toronto Pearson International Airport. Convenient access to Mississauga's Rapid Bus Transit (BRT) system and a wide range of nearby amenities enhance its appeal.

The home

Type
Office
Square footage
62359 sq ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Yes

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Yes

Garage & parking

Garage
Outside/Surface
Total parking
None

Taxes & other

Property taxes
$249,617/yr
Tax year
2024
Occupancy
Vacant
Possession
TBD
Cross street
Satellite Drive & Matheson Blvd E
Neighbourhood
Airport Corporate

More

MLS® number
W12460021

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$82,114per 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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    5205 Satellite Drive, Mississauga, ON L4W 5P9

    Airport Corporate, Mississauga · Near Satellite Drive & Matheson Blvd E

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    Sold history

    Listing history for 5205 Satellite 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 5205 Satellite Drive

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

    How much is 5205 Satellite Drive listed for, and what would it cost each month?

    5205 Satellite Drive is listed for $15,200,000. With 20% down ($3,040,000), the mortgage payment would be roughly $61,313 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $82,114 a month, all in. That figure is an illustration, not a quote.

    Is 5205 Satellite Drive freehold or a condo, and is there a monthly fee?

    5205 Satellite Drive is a office in Airport Corporate, 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 5205 Satellite 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 5205 Satellite Drive?

    5205 Satellite Drive is an office. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is 5205 Satellite Drive heated and cooled?

    Heating is gas forced air open. Cooling is yes.

    What are the property taxes for 5205 Satellite Drive?

    Property taxes are $249,617 a year (2024), or about $20,801 a month.

    Where is 5205 Satellite Drive?

    5205 Satellite Drive is in the Airport Corporate community of Mississauga. The nearest main intersection is Satellite Drive & Matheson Blvd E. The postal code is L4W 5P9.

    Is 5205 Satellite Drive still for sale?

    Yes. It is an active listing (MLS® W12460021). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 5205 Satellite Drive asking?

    Similar properties for sale nearby right now include 103/104 - 770 Southdown Road at $14,781,360, Units 6 & 7 - 4500 Tomken Road at $14,170,080 and 6790 Century Avenue at $16,999,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 5205 Satellite 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 5205 Satellite 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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