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$599,000
Available - For Sale
Listing ID: W12405435
Outstanding restaurant conversion opportunity in the highly sought-after Heartland area of Mississauga. This fully built-out space spans approx. 2,866 sq. ft. with seating for over 70 guests, ideal for a wide range of food and beverage concepts. Equipped with a 10-foot exhaust hood and walk-in fridge, the premises are well set up for operators looking for a turnkey solution.Located within the bustling Heartland Town Centre node one of Canadas largest power centres the property enjoys exceptional exposure, high daily traffic counts, and strong surrounding demographics. Anchored by national retailers and drawing consistent customer flow from the extensive retail mix, this location offers unmatched visibility and growth potential.The site also benefits from ample on-site parking, making it highly accessible to both local residents and visitors from across the GTA. Current rent is $13,422 per month (inclusive of TMI & HST), with a lease running until January 2029 and an additional 5-year renewal option available. Conversion to any non-competing use is permitted with Landlord approval.A rare chance to secure a prime restaurant location in one of Mississaugas busiest commercial destinations.
Price $599,000
Taxes: $4,713.65
Tax Type: TMI
Occupancy by: Tenant
Address: 5955 Latimer Driv , Mississauga, L5V 0B7, Peel
Postal Code: L5V 0B7
Province/State: Peel
Directions/Cross Streets: MAVIS RD & BRITANNIA RD W
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 2,866
Total Area Code:  Square Feet
Retail Area Code: %
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: 11:30am
Employees #: 0
Seats: 70
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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ROYAL LEPAGE REAL ESTATE SERVICES LTD.

5955 Latimer Driv , Mississauga, L5V 0B7, Peel


 
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Type: Com - Sale Of Business
Area: Peel
Municipality: Mississauga
Neighbourhood: East Credit
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Tax: $4,713.65
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