Noble Sahota
Broker
International Realty Firm, Brokerage
Independently owned and operated.
201-6660 Kennedy Road, Mississauga, Ontario L5T 2M9
Cell: 416-889-2418Office: 416-889-2418
$599,000
Available - For Sale
Listing ID: W12405435
5955 Latimer Driv , Mississauga, L5V 0B7, Peel
| 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: | $4713.65 |
| Tax Type: | TMI |
| Occupancy: | Tenant |
| Address: | 5955 Latimer Driv , Mississauga, L5V 0B7, Peel |
| Postal Code: | L5V 0B7 |
| Province/State: | Peel |
| Directions/Cross Streets: | MAVIS RD & BRITANNIA RD W |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 2866.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | % |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | 11:30am |
| Employees #: | 0 |
| Seats: | 70 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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Noble Sahota
Broker
Dir:
416-889-2418
Bus:
416-889-2418
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Peel |
| Municipality: | Mississauga |
| Neighbourhood: | East Credit |
| Tax: | $4,713.65 |
| Fireplace: | N |
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