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5955 Latimer Drive
East Credit Peel L5V 0B7

$599,000 /For Sale
Commercial

Main Photo: 5955 Latimer Drive in Peel: East Credit Commercial for sale (Mississauga)  : MLS®# W12405435
Photo 1: 5955 Latimer Drive in Peel: East Credit Commercial for sale (Mississauga)  : MLS®# W12405435
Photo 2: 5955 Latimer Drive in Peel: East Credit Commercial for sale (Mississauga)  : MLS®# W12405435
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Photo 18: 5955 Latimer Drive in Peel: East Credit Commercial for sale (Mississauga)  : MLS®# W12405435
Photo 19: 5955 Latimer Drive in Peel: East Credit Commercial for sale (Mississauga)  : MLS®# W12405435
Photo 20: 5955 Latimer Drive in Peel: East Credit Commercial for sale (Mississauga)  : MLS®# W12405435
Photo 21: 5955 Latimer Drive in Peel: East Credit Commercial for sale (Mississauga)  : MLS®# W12405435
Photo 22: 5955 Latimer Drive in Peel: East Credit Commercial for sale (Mississauga)  : MLS®# W12405435
Photo 23: 5955 Latimer Drive in Peel: East Credit Commercial for sale (Mississauga)  : MLS®# W12405435
Photo 24: 5955 Latimer Drive in Peel: East Credit Commercial for sale (Mississauga)  : MLS®# W12405435
Photo 25: 5955 Latimer Drive in Peel: East Credit Commercial for sale (Mississauga)  : MLS®# W12405435
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Photo 27: 5955 Latimer Drive in Peel: East Credit Commercial for sale (Mississauga)  : MLS®# W12405435
Photo 28: 5955 Latimer Drive in Peel: East Credit Commercial for sale (Mississauga)  : MLS®# W12405435
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Photo 30: 5955 Latimer Drive in Peel: East Credit Commercial for sale (Mississauga)  : MLS®# W12405435
Photo 31: 5955 Latimer Drive in Peel: East Credit Commercial for sale (Mississauga)  : MLS®# W12405435
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12405435
Bus Major:
Restaurant
Outstanding restaurant conversion opportunity in the highly sought-after Heartland area of Mississauga. This fully built-out space spans approx. 2,866 sq. ft. with seating for over 70 guests, ideal for a wide range of food and beverage concepts. Equipped with a 10-foot exhaust hood and walk-in fridge, the premises are well set up for operators looking for a turnkey solution.Located within the bustling Heartland Town Centre node one of Canadas largest power centres the property enjoys exceptional exposure, high daily traffic counts, and strong surrounding demographics. Anchored by national retailers and drawing consistent customer flow from the extensive retail mix, this location offers unmatched visibility and growth potential.The site also benefits from ample on-site parking, making it highly accessible to both local residents and visitors from across the GTA. Current rent is $13,422 per month (inclusive of TMI & HST), with a lease running until January 2029 and an additional 5-year renewal option available. Conversion to any non-competing use is permitted with Landlord approval.A rare chance to secure a prime restaurant location in one of Mississaugas busiest commercial destinations.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
2866 sq. ft. Square Feet
Total Area:
2,866 sq. ft.
Retail Area:
70 sq. ft. %
Depth:
0'
Frontage:
0'
Water supply:
Municipal
Zoning:
commercial
Heating type:
Gas Forced Air Closed
Garage:
Plaza
Possession Details:
TBD
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
TMI
Taxes:
$4,713.65 / 2025
Assessment:
$- / -
Mississauga
East Credit
Peel
* As per List of Chattels and Equipment *
* As per List of Chattels and Equipment *
* As per List of Chattels and Equipment *
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Hours Open:
11:30am-10:00pm
Employees:
0
Chattels:
Yes
LLBO:
No
Seats:
70
Date Listed:
Sep 16, 2025
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data was last updated September 16, 2025 at 04:15 AM (UTC)
Reid Greiner
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