haho.ca
$275,000
For sale

49 Matheson Boulevard East, Mississauga (Hurontario) - Business for Sale

49 Matheson Boulevard East, Mississauga (Hurontario), Ontario, L4Z2Y5

2 baths100 parking2,374 ft²Listed 119 days ago
Overview

This business in Mississauga is for sale offering roughly 2,374 sq ft of space.

Description

Are you looking to own a long-established, family-friendly Italian eatery in a prime AAA location? Here is your opportunity to acquire a well-known, non-franchise business at the highly desirable Hurontario & Matheson Blvd corridor. Surrounded by major corporate offices, small warehouses, hotels, government offices, and professional firms including CRA, law offices, TZX and Oracle, this location enjoys excellent exposure, steady foot traffic, and strong catering revenues. This successful and proven business offers a diverse menu featuring authentic Italian cuisine including pizza, pasta, panini, and popular signature dishes such as homemade lasagna, panzerotti, veal sandwiches, and rich pomodoro sauce pasta. The restaurant has built a loyal customer base over the years, with repeat clientele from nearby offices and businesses. Customers benefit from flexible dining options, with dedicated menus for dine-in as well as catering for private parties, corporate events, and special occasions. The premises offer approximately 2,374 sq. ft. of well-utilized space, including a comfortable dine-in area with seating for 50 guests, along with an additional 25-seat summer patio, all enhanced by LLBO licensing. The fully equipped commercial kitchen is designed for efficiency and high-volume production, featuring a 12 ft hood, 2 oven hoods, 2 walk-in freezers, and 2 washrooms. With multiple revenue streams from dine-in, takeout, and catering, this turnkey operation is ideal for owner-operators or investors seeking a stable and scalable business. Excellent opportunity with immediate income potential in a high-demand commercial hub. (id:66096)

Property Details

MLS®
W13547716
Property Type
Business
Business Type
Restaurant
Zoning
C1
Bathrooms
2
Parking
100
Interior Size
2,374 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$4,424/yr
Listed
119 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
119d
Mississauga (Hurontario) listings, avg age
52d
Price / ft²
$116
List price
$275K

Long Listed: 119 days on market, against an average age of 52 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 (Hurontario) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by HOMELIFE/MIRACLE REALTY LTD · HITEN BHUPATRAY THAKER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4Z)

This home lists at $275,000, about 2.8× the local median household income of $100,000.

Carrying it typically needs a household income of about $53,717 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$100,000
Population
37,218
Median age
39.6
Owner / renter
72% / 28%
Avg. household size
2.9

Source: Statistics Canada, 2021 Census (FSA L4Z)

$275,000· $116/ft²
For sale

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Financing

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$275,000

Mississauga

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