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1850 Dundas Street, Mississauga, ON L4X 1L9

Sale Of Business
$1

Exceptional opportunity to acquire a beautifully renovated turnkey restaurant located at 1850 Dundas St E in Mississauga. This impressive establishment offers approximately 210 seats in total, featuring an upscale dining area on the upper level with over 90 seats, highlighted by high ceilings, elegant finishes, and custom fireplaces that create a warm and sophisticated atmosphere. The lower level features a spacious banquet hall with seating for approximately 120 guests, ideal for private events, celebrations, and large group dining.Strategically positioned directly on Dundas Street, the property benefits from excellent visibility and strong through traffic. Situated in a busy plaza with ample parking, with only two restaurants in the entire plaza, offering a unique advantage and strong customer draw.The restaurant features a generously sized kitchen suitable for high-volume operations and a variety of cuisines. LLBO license in place, providing an excellent opportunity to expand the dining and event experience.Current rent is $6,624 per month including TMI and tax. A fantastic opportunity for restaurateurs or investors seeking a fully built-out restaurant with banquet capacity in a prime Mississauga location.

MLS number
W13722548
Type
Sale Of Business
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L4X 1L9
Photos
36
15days · 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 this street. The listing did not say which direction, and every candidate was in the same place.

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
St Clement Catholic School
Toronto CDSB
Elementary1.5 km8.5 / 10
85% met the standard
Brian W. Fleming Public School
Peel DSB
Elementary1.2 km6.5 / 10
65% met the standard · 3 of 6 measures
Millwood Junior School
Toronto DSB
Elementary1.7 km6.5 / 10
65% met the standard · 3 of 6 measures
St Alfred School
Dufferin-Peel CDSB
Elementary1.3 km6.4 / 10
64% met the standard
Forest Glen Public School
Peel DSB
Elementary1.6 km5.1 / 10
51% met the standard · 3 of 6 measures
Eatonville Junior School
Toronto DSB
Elementary2.1 km7.5 / 10
75% met the standard · 3 of 6 measures
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 597 people.

$93,000Median household income
67.4%Own their home
40.9%Detached houses
45.2Median age
36.8%Born outside Canada
17%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35210964 — the few blocks around this address, home to 597 people. It describes the area, not this property.

597Population
44.4Average age
2.7Household size
$99,000Average household income
$93,000Median household income
67%Own their home
33%Rent
0%Condominiums
37%Born outside Canada
17%University degree
$1,020,000Average home value
12%Low income
64%Not in the labour force
33%Never married
$20,000 to $24,9995%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9993%
$40,000 to $44,9993%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9993%
$80,000 to $89,9995%
$90,000 to $99,9993%
$100,000 and over31%
$100,000 to $124,9999%
$125,000 to $149,9995%
$150,000 to $199,99911%
$200,000 and over8%

Percentages are of the 320 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.

$0 · minimum here is $0
$0.01per month
Borrowed before insurance$1
Default insurance premium, added to the loan$0
Total borrowed$1
Interest over 25 years at 4.5%$1

If you rented it out

-$0.01per month out of pocket
Rent$0.00
Everything it costs to hold$0.01
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 Royal LePage Real Estate Associates. Listing data provided by the Toronto Regional Real Estate Board.