5955 Latimer DR Active Save Request In-Person Tour Request Virtual Tour
Mississauga,ON L5V 0B7
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,866 sqft
Price per Sqft $209
Subdivision East Credit
MLS Listing ID W12405435
Annual Tax Amount $4,713
Tax Year 2025
Property Sub-Type Sale Of Business
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.
Location
Province ON
County Peel
Community East Credit
Area Peel
Zoning commercial
Interior
Cooling Yes
Inclusions * As per List of Chattels and Equipment *
Exterior
Parking Features Plaza
Building
Lot Description Unit