$1,749,995
For sale: Other

This is a great opportunity to own an investment property in the coveted Ridgeway Plaza. The property is currently leased to a successful shawarma restaurant until 2031, offering turnkey investment income. The flexible zoning permits restaurant and dine-in uses. This high-visibility location is ideal for owner-operators or investors seeking a stable, long-term asset with the opportunity to become a hands-free landlord. Please note that there is a monthly garbage fee of $604.80. This sale is strictly for the unit; the business itself is not for sale.
Sold data
Homes in Mississauga (Churchill Meadows) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 41, across 1,512 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $875,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 1,512 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Mississauga (Churchill Meadows) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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