10 - 223 Ceremonial Drive
Mississauga, ON
- 710 sqft
- Sale Of Business
- 232 days on market
An exceptional turn-key Kung Fu Tea opportunity located in the highly desirable Hurontario/ East Credit neighbourhood. This established neighbourhood plaza benefits from steady daily foot traffic generated by surrounding residential density and professional services. Ideally positioned within approximately 5-7 minute walk to Champlain Trail Public School, St Hilary Elementary School and Fairwind Senior Public School, creating strong afternoon, after-school, evening and weekend demand. A profitable business with strong and loyal community following driving repeat business. Offered with an attractive monthly rent of $2,485 + HST (including TMI and Water) - a rare advantage for a cafe-style operation. Lease in place to May 31, 2027, with 5-year renewal option. Business Transfer Fee $5000 + HST ( shared by existing owner and new owner). The original owner invested over $230,000 in professional build-out, equipments, and brand compliant setup. A true walk-in, turn-key opportunity - take over and begin operating the very next day after closing.
Listing Details
- Originally Listed
- $199,000
- Listed
- January 12, 2026
Price History
Property
- Age
- 0-5
Parking
- Garage
- Plaza
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Hurontario & Eglinton
- Zoning
- Commercial
- Parcel Number
- 131830498
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Cafe
Included
- Inclusions
- List of included Chattels and Equipments is available upon request.
- Rental Items
- Water Heater Rental through Reliance
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area L5R
- Population
- 37,022
- Private dwellings
- 13,438
- Median age
- 42
- Average household size
- 2.9
- Median household income
- $99,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Mississauga · last 12 months
- Median sold price
- $870,000
- Homes sold
- 5,417
- Median days on market
- 24
- Sale-to-list price
- 97.5%
Based on 5,417 recorded sales of commercial properties in Mississauga over the last 12 months.
Listed by
CENTURY 21 ATRIA REALTY INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 710 sq ft
- Price per sq ft
- $209.86
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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