720 Burnhamthorpe Road West, Mississauga (Mavis-Erindale) - Business for Sale
720 Burnhamthorpe Road West, Mississauga (Mavis-Erindale), Ontario, L5C3G1
This business in Mississauga is for sale. It has been on the market 84 days, fresher than the Mississauga average of 147 days.
Description
Exceptional opportunity to acquire a fully equipped commercial master kitchen and restaurant facility in Mississauga. Offering approximately 5,600 sq. ft. of versatile space, this turnkey operation features a 21-ft commercial exhaust hood, walk-in cooler, walk-in freezer, and two truck-level shipping docks, making it ideal for large-scale food production, catering, commissary operations, ghost kitchens, or franchise concepts. Currently operating as a retail restaurant and master kitchen, with potential for change of use subject to landlord and municipal approvals. Additional income from an established nighttime sub-tenant paying $4,600/month + HST significantly offsets occupancy costs, resulting in very attractive effective rent. Excellent opportunity for expanding brands, catering companies, food manufacturers, or major franchise operators seeking a strategic Mississauga location. Buyers are encouraged to conduct their own due diligence regarding permitted uses and approvals. "Picture is for reference only," (id:66096)
Property Details
- MLS®
- W13675042
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 84 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 84 days on market, against an average age of 147 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.
This business in Mississauga (Mavis-Erindale) has been listed for 84 days, which is 63 days fresher than the city average of 147. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L5C)
This home lists at $319,000, about 3.1× the local median household income of $102,000.
Carrying it typically needs a household income of about $62,312 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $102,000
- Population
- 29,284
- Median age
- 42.8
- Owner / renter
- 74% / 26%
- Avg. household size
- 3
Source: Statistics Canada, 2021 Census (FSA L5C)
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$319,000
Mississauga