1744 Meyerside Drive Unit 1 & 2, Mississauga

Price: $159,995

0 bedrooms, 0 bathrooms

3,500 - 3,999 sqft

Property Type: Commercial

MLS#: W12999420

Turn-key automotive repair business available for sale. Well-established operation with approximately 25 years in business and a loyal, repeat clientele. Conveniently located with excellent accessibility and includes 9 dedicated parking spaces. The shop is fully equipped with 4 hoists plus 1 drive-on hoist, tire balancer, tire machine, MIG welder, and a wide range of related tools. Also includes the Lanka shop management system for efficient day-to-day operations. Sale excludes the owner's personal toolbox and computer. The current owner is retiring and is willing to provide up to 2 weeks of training to ensure a smooth transition.

1744 Meyerside Drive Unit 1 & 2 - Commercial photo 1 of 10 in Mississauga, Ontario
1744 Meyerside Drive Unit 1 & 2 - Commercial photo 2 of 10 in Mississauga, Ontario
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delisted
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$159,995 - 1744 Meyerside Drive Unit 1 & 2, Mississauga

Commercial for Sale in Mississauga

0Beds
0Baths
3,500 - 3,999Sq Ft
Commercial
Property Details
MLS Number
W12999420
Property Type
Commercial
Status
delisted
Days on Site
16
Bedrooms
0
Bathrooms
0
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

Turn-key automotive repair business available for sale. Well-established operation with approximately 25 years in business and a loyal, repeat clientele. Conveniently located with excellent accessibility and includes 9 dedicated parking spaces. The shop is fully equipped with 4 hoists plus 1 drive-on hoist, tire balancer, tire machine, MIG welder, and a wide range of related tools. Also includes the Lanka shop management system for efficient day-to-day operations. Sale excludes the owner's personal toolbox and computer. The current owner is retiring and is willing to provide up to 2 weeks of training to ensure a smooth transition.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$820.85/mo

Includes CMHC insurance ($4,464)

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5-yr fixed avg.

Principal: $143,995Interest: $97,797
Mortgage Amount$148,459
Total Interest$97,797
Est. Property Tax$113/mo
Total Cost$246,256

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.

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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

1744 Meyerside Drive Unit 1 & 2, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,250/mo
Range: $2,763 - $3,737
Cap Rate (ROI)
23.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,250
Maintenance Fees-$0
Property Tax (est.)-$113
Insurance (est.)-$33
Net Cash Flow+$3,104

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 - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $46/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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.

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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