160 King Street, Mississauga

Price: $2,399,000

0 bedrooms, 0 bathrooms

Property Type: Commercial

MLS#: W12743800

Exceptional Freestanding Building in Prime Mississauga Corridor! This remarkable freestanding property presents a rare opportunity in one of Mississauga's most dynamic and rapidly evolving areas. Positioned on a prominent, high-traffic street surrounded by new developments, the building offers unmatched visibility and versatility for a variety of professional or commercial uses (permission required). Previous permitted uses include lawyer, accountant, consulting. Ideally located minutes from the Cooksville GO Station, and just steps from the Hurontario LRT line and the planned Dundas LRT line (with a future stop one block away), the property provides superb connectivity throughout the city and the Greater Toronto Area. Convenient access to major highways and one of Mississauga's busiest intersections further enhances its accessibility and appeal. The interior features seven spacious offices, two washrooms, and a full kitchen, making it well-suited for office, medical, or professional service use. A new gas furnace installed ensuring year-round comfort and efficiency. Situated on a prominent corner lot, the property benefits from outstanding exposure, with hundreds of vehicles passing daily. There is potential to expand the driveway for additional parking and create a secondary access point, maximizing both functionality and long-term value.

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$2,399,000 - 160 King Street, Mississauga

Commercial for Sale in Mississauga

0Beds
0Baths
0Sq Ft
Commercial
Property Details
MLS Number
W12743800
Property Type
Commercial
Status
active
Days on Market
1
Bedrooms
0
Bathrooms
0
Square Feet
0 sqft
City
Mississauga
Description

Exceptional Freestanding Building in Prime Mississauga Corridor! This remarkable freestanding property presents a rare opportunity in one of Mississauga's most dynamic and rapidly evolving areas. Positioned on a prominent, high-traffic street surrounded by new developments, the building offers unmatched visibility and versatility for a variety of professional or commercial uses (permission required). Previous permitted uses include lawyer, accountant, consulting. Ideally located minutes from the Cooksville GO Station, and just steps from the Hurontario LRT line and the planned Dundas LRT line (with a future stop one block away), the property provides superb connectivity throughout the city and the Greater Toronto Area. Convenient access to major highways and one of Mississauga's busiest intersections further enhances its accessibility and appeal. The interior features seven spacious offices, two washrooms, and a full kitchen, making it well-suited for office, medical, or professional service use. A new gas furnace installed ensuring year-round comfort and efficiency. Situated on a prominent corner lot, the property benefits from outstanding exposure, with hundreds of vehicles passing daily. There is potential to expand the driveway for additional parking and create a secondary access point, maximizing both functionality and long-term value.

Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

160 King Street, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$1,699
Insurance (est.)-$500
Net Cash Flow+$201

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

Investment Perspective

Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $9,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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