haho.ca
$89,000
For sale

259 Lakeshore Road East, Mississauga (Port Credit) - Business for Sale

259 Lakeshore Road East, Mississauga (Port Credit), Ontario, L5G1G8

Listed 27 days ago
Overview

This business in Mississauga is for sale. It has been on the market 27 days, fresher than the Mississauga average of 59 days.

Description

Time to start your business! A turnkey business opportunity in the heart of Port Credit! This fully operational and recently renovated 1,020 sq. ft. bubble tea and quick-service shop offers stylish décor, a functional kitchen, dedicated preparation space, seating and valuable additional basement office and storage. The adaptable layout provides an excellent opportunity to continue the existing concept or expand the menu with coffee, pastries, desserts, snacks and other ready-to-eat offerings. Prominent Lakeshore Road frontage directly across from Mentor College delivers excellent exposure, walk-in traffic and strong delivery potential. Surrounded by established high density residential neighbourhoods, schools and local businesses, this is a prime opportunity for an entrepreneur seeking a ready-to-operate business in one of Mississauga's most vibrant and desirable communities. Property allows for a multitude of additional uses such as Cigar shop, internet cafe, VR gaming, robotics center, tutor center, etc. to fit your business needs and LLBO license is available. (id:66096)

Property Details

MLS®
W13883476
Property Type
Business
Business Type
Restaurant
Zoning
C3
Lot Size
2,744 sq ft
Frontage
25 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
27 days ago

Features

Appliances
All

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
27d
Mississauga (Port Credit) listings, avg age
59d
List price
$89K

Extended: 27 days on market, against an average age of 59 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Mississauga (Port Credit) has been listed for 27 days, which is 32 days fresher than the city average of 59. Act while there is still low competition.

Listed by HOMELIFE/MIRACLE REALTY LTD · SAGAR MALIK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5G)

This home lists at $89,000, about 0.9× the local median household income of $95,000.

Carrying it typically needs a household income of about $17,385 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$95,000
Population
20,714
Median age
45.2
Owner / renter
57% / 43%
Avg. household size
2.4

Source: Statistics Canada, 2021 Census (FSA L5G)

$89,000
For sale

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Financing

Buying this business?

Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.

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$89,000

Mississauga

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