Homula Realty Brokerage
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100 City Centre Drive 1-174, Mississauga, ON L5B 2C9

Sale Of Business
$1,150,000

An exceptional opportunity to acquire a thriving and well-established jewellery business located in the heart of Square One Shopping Centre in Mississauga. Armand Jewellers has been a trusted name in the community for over 39 years, offering a strong legacy of quality, craftsmanship, and exceptional customer service. The business benefits from high visibility and consistent foot traffic in one of Canada's busiest and most prestigious retail destinations. Armand Jewellers is also an authorized Pandora retailer, adding significant brand value and customer draw to the operation. This turnkey business comes fully equipped with display fixtures, an elegant showroom, trained staff, and a well-maintained inventory of fine jewellery and watches. The store has a proven track record of strong financial performance and enjoys an attractive and secure lease within the mall. Ideal for an investor, established jeweller, or entrepreneur looking to step into a profitable, reputable business with deep roots in the community. Financial statements, lease details, and full inventory are available upon request to qualified buyers

MLS number
W13241964
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
Postal code
L5B 2C9
Photos
16
100days · 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
Mississauga Secondary AcademySecondary380 mNot reported
CareerQuest - VaughanSecondary392 mNot reported
Fairview Public School
Peel DSB
Elementary697 m7.0 / 10
70% met the standard · 3 of 6 measures
Bayly AcademyElementary and secondary965 mNot reported
Lake Forest AcademyElementary and secondary965 mNot reported
Spark Asher AcademyElementary and secondary965 mNot reported
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.

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35212282 — the few blocks around this address, home to a few hundred people. It describes the area, not this property.

0Population

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.

$230,000 · minimum here is $90,000
$5,091.95per month
Borrowed before insurance$920,000
Total borrowed$920,000
Interest over 25 years at 4.5%$607,585

If you rented it out

-$5,091.95per month out of pocket
Rent$0.00
Everything it costs to hold$5,091.95
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 EXP REALTY. Listing data provided by the Toronto Regional Real Estate Board.