UNIT 1 - 1165 DERRY ROAD E, Mississauga (Northeast)

$175,000

For sale: Other

Other at UNIT 1 - 1165 DERRY ROAD E, Mississauga (Northeast)
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® W13715978
Neighbourhood
Northeast

Excellent opportunity to own a well-established and profitable pizzeria in a prime Mississauga location on busy Derry Road. This fully operational restaurant is known for authentic Italians tone-oven pizza and has a strong online presence, including 4.5 on Google with 600+ reviews,4.4 on Uber Eats with 4,000+ reviews, and 4.5 on Trip Advisor.Approx. 1,400 sq. ft. with dine-in, takeout and high-volume delivery setup. Sale includes all furniture, chattels, machines and commercial kitchen equipment, plus 6+ rear parking spaces.Surrounded by residential and commercial areas, with excellent exposure from the neighbouring Esso Gas Station and convenient access to Pearson Airport and Highways 401, 407 and 410.Rent is $4,000/month plus $1,000 TMI, with water included. Tenant pays hydro and gas. Existinglease has approximately 2 years remaining, plus a 5-year renewal option.Strong sales, loyal clientele, healthy margins and excellent growth potential through catering,menu expansion and extended hours. Za Cafe Pizzeria has over 740 reviews on Google with a 4.6 rating, and a Uber Eats rating of 4.5.

Sold data

Homes in Mississauga (Northeast) — recent sold market

Homes in Mississauga (Northeast) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 49, across 1,384 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.

The median sale price was $879,000.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$879,000
Sale-to-list ratio
96.8%
Sold above asking
16%

Based on 1,384 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Mississauga (Northeast)

Mississauga (Northeast) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.

Rated schools
131
Elementary
96
Secondary
35
Average rating
6.8 / 10

Top-rated schools in Mississauga (Northeast)

  • AI-Manarat Heights — elementary, MississaugaFraser rating 10.0/10
  • Kenollie — elementary, MississaugaFraser rating 10.0/10
  • Khalsa Malton — elementary, MississaugaFraser rating 10.0/10
  • Safa & Marwa Islamic — elementary, MississaugaFraser rating 10.0/10
  • St Rose of Lima — elementary, MississaugaFraser rating 9.7/10
  • Olive Grove — elementary, MississaugaFraser rating 9.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near UNIT 1 - 1165 DERRY ROAD E