$17,895,000
261 Ambassador Drive
Mississauga · Gateway
- 0 bd
- Commercial
Listing brokerage: REN/TEX REALTY INC.
For Sale
Mavis-Erindale, Mississauga, ON, L5C 1T8
$1,429,418
Assignment Sale RESTAURANT & SHISHA LOUNGE Prime Commercial Condo in Mississauga: Located at 3092 Mavis Road in Mississauga prestigious and busy corridor this assignment sale offers an exceptional opportunity to acquire a brand-new commercial condominium. The ground-level unit boasts approximately 1,361.35 square feet of open-concept space, making it ideally suited for a RESTAURANT & SHISHA LOUNGE. Strategically positioned at the intersection of Mavis Road and Dundas Street, the property benefits from excellent visibility and convenience. It is surrounded by well-established residential subdivisions and is in close proximity to major destinations, including Square One Shopping Centre and the University of Toronto Mississauga. In addition, quick access to major highways such as the QEW and Highway 403 further enhances its appeal for both customers and staff. Key features include street-front exposure, individual utility metering, and an existing sprinkler system infrastructure with any necessary modifications to be arranged through vendor-approved contractors. The tentative occupancy date for the unit is set for Fall 2027. As this is an assignment sale, the buyer will assume the terms of the original Agreement of Purchase and Sale, including applicable builder conditions and assignment fees, while taxes and maintenance fees are yet to be assessed. This is a rare opportunity to secure a premium commercial space in a high-demand area of Mississauga, perfect for investors or end-users seeking a strategic location for business operations and long-term growth.
Monthly payment
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Estimates only, for information purposes. Calculations assume a fixed rate compounded semi-annually and do not include property taxes, condo fees, insurance or closing costs. Actual rates, payments, insurance premiums and eligibility are set by your lender; consult a licensed mortgage professional.
Listing brokerage: CITYSCAPE REAL ESTATE LTD.
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$17,895,000
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Listing brokerage: REN/TEX REALTY INC.
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