Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

1590 Matheson Boulevard 20 & 21, Mississauga, ON L4W 1J1

Sale Of Business
$300,000

Decades long multi cultural business catering to the Caribbean and other communities. Business has high customer traffic, and name recognition. This is located in a high traffic area with easy access and parking. Close to Dixie Rd and Hwy 401. Business can be converted to other uses.

MLS number
W12888880
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
Postal code
L4W 1J1
Photos
3
180days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Philip Pocock Catholic Secondary School
Dufferin-Peel CDSB
Secondary1.9 km7.6 / 10
76% met the standard · 2 of 6 measures
St Basil School
Dufferin-Peel CDSB
Elementary2.4 km7.7 / 10
77% met the standard
Sts Martha & Mary Separate School
Dufferin-Peel CDSB
Elementary2.2 km7.9 / 10
79% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 117 people.

33.3%Detached houses
82Median age

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35212021 — the few blocks around this address, home to 117 people. It describes the area, not this property.

117Population
76.5Average age
1.5Household size
17%Never married
25 to 29 years4%
45 to 49 years4%
50 to 54 years4%
55 to 59 years8%
65 to 69 years8%
70 to 74 years8%
75 to 79 years8%
80 to 84 years13%
85 years and over42%

Percentages are of the 120 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$60,000 · minimum here is $15,000
$1,328.34per month
Borrowed before insurance$240,000
Total borrowed$240,000
Interest over 25 years at 4.5%$158,501

If you rented it out

-$1,328.34per month out of pocket
Rent$0.00
Everything it costs to hold$1,328.34
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by SUTTON GROUP-ADMIRAL REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.