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For saleNew listingMLS® W14129152

5500 Tomken Road 5, Mississauga, ON L4W 2Z4

Northeast · L4W 2Z4

$1,290,000

$540 / sq ft

6 days on market

Bathrooms
3
Total area
2,389 sf
0

What's special

  • Outside/surface garage
  • Yes

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About this property

Sale of Prime Retail/Industrial/Office unit with a very efficient and upgraded layout. Property is currently finished with (main floor) 2 large 8 seater Conference rooms, 1 large reception with waiting area, 2 washrooms, 1 kitchenette, 3 private office rooms, 1 Server room, lots of storage area closer to Bay door on the rear side of the unit + (Mezzanine) has 1 podcast/waiting area, 2 studios/private offices, 1 washroom, 1 pantry, 1 storage room. Mezzanine of Approx 1200-1500 sq.ft is not included in the total square footage, making it a very attractive purchase. Truck level Bay door makes it very convenient for movement of goods. Close to Major highways: 401& 403. Ample parking and Amenities close by. Upgraded interiors for the current use of Studio and Music/POD CAST recording. Change of use possible and Property qualifies to set up multiple uses. Perfect for any business owner who would like to run their business from the property Or investor who wishes to use part of the unit and lease the balance space.

Property details

Property

Property type
industrial
Bathrooms
3
Interior size
2,389 sq ft
Zoning
E2
Possession
TBA

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Outside/Surface
Sewer
Sanitary

Costs

List price
$1,290,000
Property taxes
$8,843 / year (2026)
Price per sq ft
$540

Listing

MLS® number
W14129152
Status
For sale
Listed
October 29, 2026
Days on market
6
Last updated
October 29, 2026
Listing brokerage
RE/MAX OPTIMUM REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 36% of comparable industrial listings in Northeast are asking less.

$864KMedian $1.57M$9.39M
This home
$540 / sq ft
Comparable median
$486 / sq ft

Based on 73 comparable active industrial listings in Northeast. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.1% · minimum $104,000
$104,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,557.60
Property tax (est.)
$736.90
Estimated monthly
$7,295

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$22,275
Total due on closing
$22,275

An estimate on the asking price of $1,290,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX OPTIMUM REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,290,000

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