3545 Odyssey Drive Unit 126, Mississauga

Price: $4,399,000

0 bedrooms, 0 bathrooms

7,926 sqft

Property Type: New Construction

MLS#: W12868592

Spectacular Modern Industrial Unit for Sale - Prime Location! Located in one of Mississauga's busiest and most recognized retail plazas at Ridgeway and Ninth Line, this prestigious industrial unit offers exceptional visibility and functionality.This approximately 7,926 sq. ft. unit features high-end construction and modern design, making it ideal for a variety of commercial and industrial uses. The E-2 zoning allows for multiple permitted uses including industrial operations with up to 20% retail, making it perfect for businesses such as furniture showrooms, appliance stores, building supply outlets, light manufacturing, or warehousing.The unit offers a clear height of 22 ft, providing excellent vertical storage capacity. It also includes one truck-level loading dock with powered leveler, ensuring efficient shipping and receiving operations. Additionally, there is potential to add a mezzanine covering 20-30% of the space, allowing for expanded office or storage area.

3545 Odyssey Drive Unit 126 - New Construction photo 1 of 6 in Mississauga, Ontario
3545 Odyssey Drive Unit 126 - New Construction photo 2 of 6 in Mississauga, Ontario
3545 Odyssey Drive Unit 126 - New Construction photo 3 of 6 in Mississauga, Ontario
3545 Odyssey Drive Unit 126 - New Construction photo 4 of 6 in Mississauga, Ontario
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$4,399,000 - 3545 Odyssey Drive Unit 126, Mississauga

New Construction for Sale in Mississauga

95 days on market
0Beds
0Baths
7,926Sq Ft
New Construction
Property Details
MLS Number
W12868592
Property Type
New Construction
Status
active
Days on Site
95
Bedrooms
0
Bathrooms
0
Square Feet
7,926 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

Spectacular Modern Industrial Unit for Sale - Prime Location! Located in one of Mississauga's busiest and most recognized retail plazas at Ridgeway and Ninth Line, this prestigious industrial unit offers exceptional visibility and functionality.This approximately 7,926 sq. ft. unit features high-end construction and modern design, making it ideal for a variety of commercial and industrial uses. The E-2 zoning allows for multiple permitted uses including industrial operations with up to 20% retail, making it perfect for businesses such as furniture showrooms, appliance stores, building supply outlets, light manufacturing, or warehousing.The unit offers a clear height of 22 ft, providing excellent vertical storage capacity. It also includes one truck-level loading dock with powered leveler, ensuring efficient shipping and receiving operations. Additionally, there is potential to add a mezzanine covering 20-30% of the space, allowing for expanded office or storage area.

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Estimated Payment

$19,458.26/mo

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5-yr fixed avg.

Principal: $3,519,200Interest: $2,318,278
Mortgage Amount$3,519,200
Total Interest$2,318,278
Est. Property Tax$3,116/mo
Total Cost$5,837,478

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

3545 Odyssey Drive Unit 126, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,463/mo
Range: $4,644 - $6,282
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,463
Maintenance Fees-$0
Property Tax (est.)-$3,116
Insurance (est.)-$916
Net Cash Flow+$1,431

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 $555/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.

Negotiation Opportunity

At 95 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Larger Home Realities

At 7,926 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.

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 $18,329 (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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    3545 Odyssey Drive Unit 126… — $4,399,000 | Battaglia Team