5955 Latimer Drive, Mississauga, ON L5V 0B7

Mississauga L5V 0B7 Ontario

MLS: W12405435

$599,000

Added 2 hours ago | For Sale

Listed by: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

About Property

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.

Features

  • House Style:Sale Of Business
  • Bathrooms:
  • Land Size:
  • Water:Municipal
  • Garage Spaces: /Plaza
  • Driveway:
  • Heating Fuel:
  • Cross Street:MAVIS RD & BRITANNIA RD W
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $4713.65
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12405435

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