Address
49 Matheson Boulevard E, Mississauga, ON
Price
$ 275,000
Property Attributes
  • ID#W13547716
  • TypeCommercial
  • Listing Status New
  • CityMississauga
  • AreaHurontario
  • NeighbourhoodHurontario
  • Postal CodeL4Z 2Y5
  • StylePizzeria
  • Taxes$ 4424
  • Price$ 275,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2374
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Are you looking to own a long-established, family-friendly Italian eatery in a prime AAA location? Here is your opportunity to acquire a well-known, non-franchise business at the highly desirable Hurontario & Matheson Blvd corridor. Surrounded by major corporate offices, small warehouses, hotels, government offices, and professional firms including CRA, law offices, TZX and Oracle, this location enjoys excellent exposure, steady foot traffic, and strong catering revenues. This successful and proven business offers a diverse menu featuring authentic Italian cuisine including pizza, pasta, panini, and popular signature dishes such as homemade lasagna, panzerotti, veal sandwiches, and rich pomodoro sauce pasta. The restaurant has built a loyal customer base over the years, with repeat clientele from nearby offices and businesses. Customers benefit from flexible dining options, with dedicated menus for dine-in as well as catering for private parties, corporate events, and special occasions. The premises offer approximately 2,374 sq. ft. of well-utilized space, including a comfortable dine-in area with seating for 50 guests, along with an additional 25-seat summer patio, all enhanced by LLBO licensing. The fully equipped commercial kitchen is designed for efficiency and high-volume production, featuring a 12 ft hood, 2 oven hoods, 2 walk-in freezers, and 2 washrooms. With multiple revenue streams from dine-in, takeout, and catering, this turnkey operation is ideal for owner-operators or investors seeking a stable and scalable business. Excellent opportunity with immediate income potential in a high-demand commercial hub.

Price History
7/10/2026 Listed $275,000

General Features

Sewer Sanitary+Storm
Cooling Yes
Utilities Available
Security Features Partial
Heater Type Gas Forced Air Closed
Parking Spaces 100
Property Subtype Sale Of Business
Tax Year 2026
Lot Depth 0.0
Business Type Pizzeria
Community Features Major Highway,Public Transit
County Peel
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status New
City Mississauga
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 4424.0
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner

Interior Features

Clear Height Feet 11
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No
Total Baths 2
SeatingCapacity 50

Exterior Features

Garage Type None
Rail No
SoilTest No
Spa No
Building Area Total 2374.0
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L4Z 2Y5

Price
AVG $280K
$280K
Taxes
AVG $4,424
$4,424
Visits
AVG 106
105
Data Provided by Inside Real Estate®