Homula Realty Brokerage
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7215 Goreway Drive 2B14 & 2B15, Mississauga, ON L4T 2T9

Commercial Retail
$529,000

WHY RENT WHEN YOU CAN OWN? Prime opportunity to own a commercial condo located inside the busy food court at Westwood Square Mall in Mississauga. This versatile space features a fully equipped commercial kitchen with a 10-foot exhaust hood, 38" griddle, deep fryers, and 4-burner range. Ideal for a variety of food concepts and cuisines, offering flexibility for an owner-operator or investor. Excellent exposure to steady mall traffic, with the added advantage of being situated near several schools, creating strong lunchtime demand. A rare opportunity to operate your food business while building equity in the real estate. Bring your concept, transform the menu, and make the space your own! Note: Brand name is not included. Unit is 407 SF (Unit 2B14: 208SF + Unit 2B15: 199 SF).

MLS number
W13743292
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
Postal code
L4T 2T9
Photos
34
Property tax
$6,828 / year
9days · 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
Lincoln M. Alexander Secondary School
Peel DSB
Secondary557 m5.9 / 10
59% met the standard · 2 of 6 measures
Ridgewood Public School
Peel DSB
Elementary547 m6.4 / 10
64% met the standard · 3 of 6 measures
Holy Cross School
Dufferin-Peel CDSB
Elementary576 m5.9 / 10
59% met the standard
St Raphael School
Dufferin-Peel CDSB
Elementary627 m5.9 / 10
59% met the standard
Dunrankin Drive Public School
Peel DSB
Elementary687 m4.6 / 10
46% met the standard · 3 of 6 measures
Corliss Public School
Peel DSB
Elementary889 m5.3 / 10
53% 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 1,817 people.

$73,500Median household income
0%Own their home
0%Detached houses
29.2Median age
50.1%Born outside Canada
10.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35212311 — the few blocks around this address, home to 1,817 people. It describes the area, not this property.

1,817Population
32.5Average age
3.2Household size
$76,000Average household income
$73,500Median household income
0%Own their home
100%Rent
0%Condominiums
50%Born outside Canada
11%University degree
14%Low income
70%Not in the labour force
48%Never married
$15,000 to $19,9991%
$20,000 to $24,9991%
$25,000 to $29,9993%
$30,000 to $34,9993%
$35,000 to $39,9993%
$40,000 to $44,9994%
$45,000 to $49,9993%
$50,000 to $59,9999%
$60,000 to $69,9999%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9996%
$100,000 and over23%
$100,000 to $124,99913%
$125,000 to $149,9995%
$150,000 to $199,9994%
$200,000 and over1%

Percentages are of the 710 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.

$105,800 · minimum here is $27,900
$2,342.30per month
Borrowed before insurance$423,200
Total borrowed$423,200
Interest over 25 years at 4.5%$279,489

If you rented it out

-$2,911.30per month out of pocket
Rent$0.00
Everything it costs to hold$2,911.30
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 HOMELIFE/BAYVIEW REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.