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5955 LATIMER DRIVE, Mississauga (East Credit), Ontario, L5V0B7

MLS: W12405435 | Business

$599,000

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Property Description

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. (id:64974)

Directions: Cross Streets: MAVIS RD & BRITANNIA RD W. ** Directions: Head east on Briannia towards Mavis and the property will be on the south side.

Quick Facts

  • Property Type: Business
  • Bedrooms: None
  • Bathrooms: None
  • Living Area: 2,866 sq ft (266.3 m²)

Costs

  • Annual Taxes: $4,713.65

Listing Provided by: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.

Detailed Features

📋 Revisions Available 2 changes▼ Click to expand

Interior & Systems

  • Heating: Forced air, Natural gas
  • Cooling: Fully air conditioned

Exterior & Construction

  • Water: Municipal water

Lot & Land

  • Zoning: commercial

Community & Neighbourhood

  • Neighbourhood: East Credit

Listing Information

MLS® NumberW12405435
BoardToronto
Originating SystemToronto Regional Real Estate Board
BrokerageROYAL LEPAGE REAL ESTATE SERVICES LTD.
Date ListedSeptember 16, 2025
Last UpdatedOctober 16, 2025

Listing History

Buy/Sell/Terminated/Expired listing history for 5955 LATIMER DRIVE, Mississauga (East Credit), Ontario, L5V0B7

DateDays on MarketPriceEventListing ID
🔄10/16/202530Status ChangedW12405435
9/16/20250$599,000For SaleW12405435
9/16/20250$599,000ListedW12405435

Location & Neighborhood

📍5955 LATIMER DRIVE, Mississauga, Ontario, L5V0B7
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