Just Listed
Address
223 Ceremonial Drive # 10, Mississauga, ON
Price
$ 119,000
Property Attributes
  • ID#W13825712
  • TypeCommercial
  • Listing Status New
  • CityMississauga
  • AreaHurontario
  • NeighbourhoodHurontario
  • Postal CodeL5R 2N3
  • StyleCafe
  • Price$ 119,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

An exceptional turn-key Kung Fu Tea opportunity located in the highly desirable Hurontario / East Credit neighbourhood. This established neighbourhood plaza benefits from steady daily foot traffic generated by surrounding residential density and professional services. Ideally positioned within approximately 5-7 minute walk to Champlain Trail Public School, St Hilary Elementary School and Fairwind Senior Public School, creating strong afternoon, after-school, evening and weekend demand. A profitable business with strong and loyal community following driving repeat business. Offered with an attractive monthly rent of $2,544 + HST (including TMI and Water) - a rare advantage for a cafe-style operation. Lease in place to May 31, 2027, with 5-year renewal option. Business Transfer Fee $5000 + HST ( shared by existing owner and new owner). The original owner invested over $230,000 in professional build-out, equipments, and brand-compliant setup. A true walk-in, turn-key opportunity - take over and begin operating the very next day after closing. The Buyer is not required to continue operating under the Kung Fu Tea franchise and may change the business concept or use, subject to landlord approval.

Price History
9/24/2026 Listed $119,000

General Features

Cooling Yes
Heater Type Gas Forced Air Open
Unit Number 10
Property Subtype Sale Of Business
Tax Year 2025
Lot Depth 0.0
Business Type Cafe
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 0.0
Standard Status Active
Occupancy Type Tenant

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No
SeatingCapacity 8

Exterior Features

Garage Type Plaza
Spa No
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 L5R 2N3

Price
AVG $120K
$120K
Visits
AVG 2
1
Data Provided by Inside Real Estate®