A man in his late 70s is in life-threatening condition after he was struck by a vehicle while walking in the parking lot of a commercial plaza in Mississauga on Saturday afternoon.

Peel Regional Police said the man was in a plaza in the area of Elmcreek Road and Dundas Street West when he was struck by a car.

Paramedics said the man was struck by a car travelling at high speed and was in life-threatening condition, pinned to a wall when they arrived.

He was rushed to a hospital trauma centre for treatment. An officer later told CP24 the man has two broken femurs and possible a broken pelvis.

He was sent to undergo a CT scan on Saturday evening.

Police said the driver involved remained at the scene.