$110,000 - 1960 Dundas Street Unit 9, Mississauga
Commercial for Sale in Mississauga
148 days on marketNeighbourhood: Sheridan
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- MLS Number
- W13116110
- Property Type
- Commercial
- Status
- active
- Days on Site
- 148
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Exceptional opportunity to own a well-established premium water purification and bottled water business in a high-traffic commercial area of Mississauga.Operating under the trusted "Water Ville" brand, this business has built a loyal customer base by providing purified drinking water, water refills,alkaline water,distilled water,and water treatment solutions for residential and commercial clients.Strong repeat clientele and an excellent reputation within the community provide a solid foundation for continued growth and profitability.The business features a clean, professionally designed retail showroom equipped with modern purification systems, filtration equipment,storage tanks,filling stations, and a variety of water-related products and accessories. Fully turnkey operation with established systems in place, ideal for owner-operators, entrepreneurs, investors, or anyone seeking a stable and easy-to-manage business with recurring revenue.Located in a busy commercial plaza surrounded by residential communities, retail stores, offices, and industrial businesses.Excellent visibility, steady walk-in traffic, ample parking, and easy access to major routes contribute to the success of the operation.Significant growth potential exists through delivery services, wholesale accounts, commercial contracts, online marketing, subscription programs, and additional eco-friendly water solutions.Demand for purified and healthy drinking water continues to rise as consumers become more health-conscious and environmentally aware.This business is well-positioned within the growing water purification industry and benefits from increasing demand for sustainable alternatives to disposable bottled water.Low overhead, strong brand recognition, and scalable operations offer excellent upside potential.Training available for a smooth transition.Ideal opportunity for families, newcomers, or experienced operators seeking a stable and recession-resistant business in the essential services sector.
Estimate your monthly payments for this property
Estimated Payment
$564.36/mo
Includes CMHC insurance ($3,069)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Academic Excellence and Green Living
Sheridan is anchored by Sheridan College's main campus and offers a blend of student housing, family homes, and new developments. The neighbourhood benefits from significant green space along the Credit River and is known for its creative, academic atmosphere.
Why Live in Sheridan
- •Sheridan College main campus
- •Credit River access and trails
- •Growing residential development
- •Creative and academic community
- •Good transit connections
Nearby Schools
Transit & Commuting
- •MiWay bus routes to Sheridan College
- •Highway 403 access
- •Planned transit improvements
- •25-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Riverwood Conservancy
- •Credit River trails
- •Sheridan College facilities
- •Erin Mills Town Centre (nearby)
- •Community parks
Lifestyle & Community
Sheridan offers a creative, academic atmosphere with excellent access to nature. The neighbourhood appeals to students, faculty, and families who value education and outdoor recreation.
1960 Dundas Street Unit 9, Mississauga
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $157/sqft, this is priced on the lower end for commercial, which warrants investigating condition, zoning restrictions, and tenancy. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Extended Exposure — Negotiating Room
At 148 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Mississauga transactions.