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$350,000
For sale

#7 1177 Central Parkway West, Mississauga (Mavis-Erindale) - Business for Sale

#7 1177 Central Parkway West, Mississauga (Mavis-Erindale), Ontario, L5C4P3

2 baths1,922 ft²Listed 16 days ago
Overview

This business in Mississauga is for sale offering roughly 1,922 sq ft of space. It has been on the market 16 days, fresher than the Mississauga average of 145 days.

Description

Located in the heart of Mississauga's Golden Square Centre, this newly renovated Japanese ramen restaurant offers a prime location near the University of Toronto Mississauga, surrounded by offices and residential communities with strong customer traffic. Featuring high-end renovations and a fully equipped kitchen, this turnkey opportunity is ideal for operators looking to establish or expand their Japanese restaurant business. The plaza has an exclusive-use restriction, making this location particularly suitable for Japanese cuisine concepts. Reasonable rent and a long-term lease provide an excellent opportunity for a new owner to take over and operate with confidence. (id:66096)

Property Details

MLS®
W14096216
Property Type
Business
Business Type
Restaurant
Zoning
E2-19
Bathrooms
2
Interior Size
1,922 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$1/yr
Listed
16 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
16d
Mississauga (Mavis-Erindale) listings, avg age
145d
Price / ft²
$182
List price
$350K

Active: 16 days on market, against an average age of 145 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 (Mavis-Erindale) has been listed for 16 days, which is 129 days fresher than the city average of 145. Act while there is still low competition.

Listed by BAY STREET GROUP INC. · DANIEL DONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5C)

This home lists at $350,000, about 3.4× the local median household income of $102,000.

Carrying it typically needs a household income of about $68,367 (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)

$350,000· $182/ft²
For sale

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Financing

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$350,000

Mississauga

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