488 Eglinton Ave W, Mississauga

$599,900

For sale: Other

Other at 488 Eglinton Ave W, Mississauga
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® W13529728
Neighbourhood
Hurontario

Exceptional opportunity to own a well-established and highly profitable BBQ & Jerk restaurant in the heart of Mississauga! Successfully operating since 2017, this turnkey business has built a loyal clientele and an outstanding reputation for authentic cuisine and exceptional service. Strategically located in a high-traffic, high-visibility commercial area with excellent exposure, easy highway access, and ample on-site parking. This 1,080 sq. ft. restaurant offers both dine-in and take-out service, featuring seating for 8 guests, one washroom, and a fully equipped commercial kitchen with premium, high-end equipment included in the sale. Benefit from an attractive lease rate with favourable lease terms and renewal options (subject to landlord approval), providing long-term operating stability. Comprehensive training will be provided to ensure a smooth transition for the new owner, making this an ideal opportunity for both experienced operators and first-time business owners. This is a true turnkey, high-income-generating business with significant potential for continued growth through catering, online ordering, extended hours, or additional marketing initiatives. Excellent opportunity to acquire a successful restaurant in one of Mississauga's busiest commercial corridors. Can be converted into any type of restaurant.

Sold data

Homes in Mississauga — recent sold market

Homes in Mississauga 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 46, across 1,403 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $874,900.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 15% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$874,900
Sale-to-list ratio
96.9%
Sold above asking
15%

Based on 1,403 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Mississauga

Mississauga 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

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

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

Currently for sale

Homes for sale near 488 Eglinton Ave W