| 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: | $84670.00 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 1040 Jayson Court , 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Free Standing |
| Use: | Warehouse |
| Building Percentage: | T |
| Total Area: | 37384.00 |
| 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 |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| 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 |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| COLLIERS |
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| Book Showing | Email a Friend |
| Type: | Com - Industrial |
| Area: | Peel |
| Municipality: | Mississauga |
| Neighbourhood: | Northeast |
| Approximate Age: | 31-50 |
| Tax: | $84,670 |
| Fireplace: | N |