$6,900,000
1261 North Sherdian Way, Mississauga, ON L5H 2A3
Beds
Baths
Parking
Exceptional opportunity to acquire a prominent commercial property in one of Mississauga's most prestigious and established neighbourhoods. Located at 1261 North Sheridan Way, this corner-lot property offers outstanding visibility and accessibility, just minutes from the QEW and other major highways, providing seamless connectivity throughout the GTA.The existing building features over 6,000 sq. ft. of built-up area situated on approximately 0.75 acres of land, currently operating as a church. The generous lot size, corner exposure, and ample on-site parking make this property highly functional and adaptable for a wide range of uses.The property presents excellent potential for redevelopment or conversion to avariety of suitable uses (buyer to verify). Whether reimagined as a place of worship, community facility, educational institution, daycare, medical or professional space, this site offers flexibility to align with evolving market demands. Surrounded by a prestigious residential community and established amenities, this location combines strong demographics with long-term growth potential. The site's prime positioning along North Sheridan Way ensures high visibility and strong future appreciation prospects. For investors and end-users alike, this is a rare opportunity to secure a sizable parcel in a sought-after Mississauga corridor with both immediate usability and significant upside potential. With continued growth and redevelopment across the city, this property represents a strategic investment in one of the GTA's mostdesirable markets. A truly unique offering with scale, location, and future potential, an exceptional addition to any real estate portfolio.

Property Summary

Property Type Commercial
Property Sub Type Commercial Retail
Transaction Type For Sale
Possession Flexible

Building

Building Type Commercial Retail
Square Footage 6227
Building Area Units Square Feet
Heating Gas Forced Air Closed
Cooling Yes

Measurements

Lot Size 225.2 x 114.63
Lot Size Area 31635
Lot Size Units Feet
Frontage 225.2
Depth 114.63
Total Living Area 6227

Land

Address 1261 North Sherdian Way, Mississauga, ON L5H 2A3
City Mississauga
Community Sheridan
County / Area Peel
Cross Street Mississauga Rd & North Sheridan Way

Parking and Garage

Garage Type None

Taxes and Listing Info

List Price $6,900,000
Annual Taxes $673
Tax Year 2025
Status Active
Listing Date 2026-03-03T18:55:58Z
Updated 2026-05-25T14:21:13Z
MLS Number W12840412
Local Market Insight

What Buyers Should Know About 1261 North Sherdian Way, Mississauga, ON L5H 2A3

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

1261 North Sherdian Way, Mississauga, ON L5H 2A3 is positioned in Sheridan, a part of Mississauga where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Commercial Retail, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Commercial Retail should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Mississauga Rd & North Sheridan Way, public transit options, parking availability, and drive times to employment areas. A property with available parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $6,900,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows available bedrooms, available bathrooms, basement details marked as to be confirmed, and a lot size of 225.2 x 114.63, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Mississauga, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Sheridan. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 1261 North Sherdian Way, Mississauga, ON L5H 2A3, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.