$ 5,500,000

1261 North Sherdian Way, Mississauga

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. (id:1945)
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Property details for 1261 North Sherdian Way, Mississauga

Type
Commercial
Living Area
6,227 square feet
Lot Size
225.2 x 114.63 FT
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Annual Taxes
$673

Nearby Listings Stat

Estimated price and comparable properties near 1261 North Sherdian Way

Active Listings
227
Min Price
$15,000
Max Price
$19,800,000
Avg Price
$2,242,371
Days on Market
68
days
Sold Listings
98
Min Sold Price
$285,000
Max Sold Price
$11,900,850
Avg Sold Price
$1,975,301
Days until Sold
61
days

Neighbourhood Census Data

Mississauga, Ontario

Population
487
Median Age
50.2
Median Income
$44,928
Dwelling Value
$1,247,400

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 3
Pop. Density: 1,038.2/km²
Avg Shelter Cost: $2,893/mo
Owners with Mortgage: 69.7%
Owners Spending 30%+: 23.5%
Tenants Spending 30%+: 0%
English only: 87.6%
English and French: 10.3%
Neither: 2.1%
Median Household Income: $154,624
Median Employment Income: $46,784

Price History

Listed
March 3, 2026
by CENTURY 21 PROPERTY ZONE REALTY INC.
Current Price
$5,500,000
-20.3% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $5,500,000 $1,400,000 (-20.3%)
Jun 10, 2026 $6,900,000 Listed

Contact Agent Get in touch about 1261 North Sherdian Way, Mississauga

Chakshu Verma
Chakshu Verma
CENTURY 21 PROPERTY ZONE REALTY INC.

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