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1040 Jayson Court
Northeast Peel L4W 2V5

$16,800,000 /For Sale
Commercial

Main Photo: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Photo 1: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Photo 2: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Photo 3: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Photo 4: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Photo 5: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Photo 6: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Photo 7: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Photo 8: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Photo 9: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Photo 10: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Photo 11: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Photo 12: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Photo 13: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Photo 14: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Photo 15: 1040 Jayson Court in Peel: Northeast Commercial for sale (Mississauga)  : MLS®# W12167157
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12167157
Bus Major:
Warehouse
Prime banquet hall site in central Mississauga. The seller is submitting plans to the City for change of use and with its approval, this represents a rare chance to secure a high-demand banquet hall location. It will be configured with two separate halls that have a total capacity of 850 guests. The larger hall will be able to host up to 700 guests, with the smaller one having a capacity of 150. 1040 Jayson Court is a freestanding warehouse situated on 2.076 acres offering immediate vacant possession for the new owner. Building specs include 18'1" clear height, 600V/400A power, 4 TL doors with 53' trailer access, 2 DI doors, and a 13% office footprint. Recent CapEx initiatives include: roof replacement (2018), sprinkler system upgrade (2021), and partial asphalt update (2023). Seller has clean Phase I ESA and PCA reports (April 2024). Outstanding GTA location with Tomken Road exposure and quick access to Highways 401, 403, 410, Pearson Airport, public transit options and a variety of amenities.
Property Type:
Commercial
Property Sub Type:
Industrial
Freestanding:
Yes
Approx. Age:
31-50
Total Area:
37384 sq. ft. Square Feet
Total Area:
37,384 sq. ft.
Industrial Area:
83 sq. ft. %
Office/Apt Area:
17 sq. ft. %
Depth:
328'5"
Frontage:
108'10"
Water supply:
Municipal
Zoning:
E2
Heating type:
Gas Forced Air Open
Clear Height:
18'1"
Survey Available:
Yes
Garage:
Outside/Surface
Possession Details:
Immediate
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$84,670 / 2025
Assessment:
$- / -
Mississauga
Northeast
Peel
Major Highway, Public Transit
Yes
None
No
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Partial
Seller Property Info Statement:
No
Major Business Type:
Warehouse
Category:
Free Standing
Number of Double Man Shipping Doors:
0
Number of Drive-In Level Shipping Doors:
2
Number of Grade Level Shipping Doors:
0
Number of Truck Level Shipping Doors:
4
Date Listed:
May 22, 2025
Original Price:
Previous Price:
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Listed by COLLIERS
Data was last updated August 23, 2025 at 06:15 AM (UTC)
Tanya Crepulja
Steven Fontes
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