For Sale

111 Lakeshore Road, Mississauga, Ontario L5H 1E9

$249,000

111 Lakeshore Road, Mississauga, Ontario L5H 1E9 is For Sale and has a listing price of 249,000. The property is located in the Port Credit neighbourhood . It's been on the website for 1 Day.

  • Sale Of Business
    Property Type
  • MLS ID: W12233499
  • Office Name ROYAL LEPAGE SIGNATURE REALTY
Property Description

In the heart of Port Credit, this licensed restaurant is now available in one of Mississauga most iconic and walkable neighbourhoods. Located beside the famous Port Credit lighthouse andsteps from the waterfront, this location enjoys a strong mix of local residents, tourists, and high foot traffic. Positioned in a small plaza next to Starbucks with two dedicated parking lots, it offers excellent visibility and accessibility year-round. The restaurant is licensed for 75 seats inside plus an additional 25 on the patio, ideal for maximizing sales during the warmer months. The current lease is $8,500 gross including TMI, with 3 + 5 + 5 + 5 years remaining providing long-term flexibility and stability in a high-demand area. The layout includes a full commercial kitchen with a 14-foot hood, two walk-ins (one fridge and one freezer), and a well-configured front-of-house setup for dine-in service. This space is fully built out and turnkey for a wide variety of food service operations. While currently operating under its own identity, it is open to rebranding into a new concept, cuisine, or franchise.Whether continuing with the existing restaurant or launching a fresh idea, this location offers both infrastructure and unmatched positioning in one of the GTAs most desirable lakeside communities.

Property Details
  • MLS ID: W12233499
  • Price: $249,000
  • Lot Depth: 165
  • Transaction Types: For Sale
  • Ref ID: W12233499
  • Year Built: N/A
  • Dir / Cross St: Lakeshore Blvd W & Front St S
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
06/19/2025 W12233499 $249,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Port Credit
  • $1,402,009 Average List Price
    based on 1 year
  • 79 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 4.8 % Up
  • Sold (12mo) 67
  • Rented (12mo) 407

  • 1 Month Change -0.6%
  • 3 Month Change +34.9%
  • 6 Month Change +50.1%
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Plaza
  • Parking Spaces: 30
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 19/06/2025 19:04:01
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