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2708-2728 Rena Rd 20,092 SF 100% Leased Flex Building Mississauga, ON L4T 3V4 $7,100,000 CAD ($353.37 CAD/SF)
INVESTMENT HIGHLIGHTS
- The location provides excellent connectivity just minutes from Highway 407 with easy access to 400-series highways and Pearson International Airport.
- Flexible zoning permits a wide variety of industrial and commercial uses suited to diverse tenant needs.
- Most leases are below market, with 11 of 12 renewing within 24 months, creating strong potential to boost rental income or secure occupancy.
EXECUTIVE SUMMARY
This property offers a unique investment opportunity in a sought-after Mississauga location, featuring a well-maintained 14-unit industrial complex with rare truck-level doors and an efficient site layout with only 27.8% lot coverage—20,092 square feet on 1.657 acres—allowing for ample parking and generous shipping areas. The flexible zoning accommodates a wide range of uses, and all existing leases are currently below market, with 11 of the 12 coming up for renewal within the next 24 months, providing strong potential to increase rents or secure space for an owner-occupier. The vendor prefers a cash-to-mortgage purchase but is also open to an all-cash deal, and the site benefits from excellent accessibility just minutes from Highway 407 with convenient connections to major 400-series highways, Pearson International Airport, and numerous surrounding amenities.
PROPERTY FACTS
| Price | $7,100,000 CAD | Rentable Building Area | 20,092 SF |
| Price Per SF | $353.37 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1980 |
| Property Type | Flex | Parking Ratio | 1.24/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 13’6” |
| Building Class | C | No. Dock-High Doors/Loading | 11 |
| Lot Size | 1.50 AC | ||
| Zoning | E2 - Employment | ||
| Price | $7,100,000 CAD |
| Price Per SF | $353.37 CAD |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 1.50 AC |
| Rentable Building Area | 20,092 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Parking Ratio | 1.24/1,000 SF |
| Clear Ceiling Height | 13’6” |
| No. Dock-High Doors/Loading | 11 |
| Zoning | E2 - Employment |
AMENITIES
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2708-2728 Rena Rd
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