$299,000
For sale: Other

Priced to sell, this is an outstanding opportunity to own a profitable, turnkey restaurant in a prime Mississauga location, currently operated by a Michelin-starred chef and known for its exceptional cuisine and service. Fully renovated in 2023, the modern space features a brand-new bar and a commercial-grade kitchen with premium equipment, including a tandoor, walk-in cooler/freezer, and expansive prep areas. LLBO licensed, seating for 75 guests, the restaurant is located in a high-traffic plaza with ample parking, offering strong visibility, steady foot traffic, and a loyal customer base. Designed for dine-in, takeout, and delivery, it provides full flexibility to rebrand-ideal for owner-operators or expanding brands. Continue the current concept or introduce your own vision-this fully equipped, revenue-generating operation is ready for immediate success. Rent is $7,300/month including TMI (unchanged until April 2028), with 2 years remaining on the lease plus a 5-year renewal option.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.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.
Based on 1,384 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Mississauga (Northeast) 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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