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49 Matheson Boulevard

Hurontario / Mississauga, ON L4Z 2Y5

ActiveFor Sale
0 Beds
2 Baths
2,374 Sq Ft
Commercial

About This Property

Are you looking to own a long-established, family-friendly Italian eatery in a prime AAA location? Here is your opportunity to acquire a well-known, non-franchise business at the highly desirable Hurontario & Matheson Blvd corridor. Surrounded by major corporate offices, small warehouses, hotels, government offices, and professional firms including CRA, law offices, TZX and Oracle, this location enjoys excellent exposure, steady foot traffic, and strong catering revenues. This successful and proven business offers a diverse menu featuring authentic Italian cuisine including pizza, pasta, panini, and popular signature dishes such as homemade lasagna, panzerotti, veal sandwiches, and rich pomodoro sauce pasta. The restaurant has built a loyal customer base over the years, with repeat clientele from nearby offices and businesses. Customers benefit from flexible dining options, with dedicated menus for dine-in as well as catering for private parties, corporate events, and special occasions. The premises offer approximately 2,374 sq. ft. of well-utilized space, including a comfortable dine-in area with seating for 50 guests, along with an additional 25-seat summer patio, all enhanced by LLBO licensing. The fully equipped commercial kitchen is designed for efficiency and high-volume production, featuring a 12 ft hood, 2 oven hoods, 2 walk-in freezers, and 2 washrooms. With multiple revenue streams from dine-in, takeout, and catering, this turnkey operation is ideal for owner-operators or investors seeking a stable and scalable business. Excellent opportunity with immediate income potential in a high-demand commercial hub.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size2,374 sq ft
Bedrooms0
Bathrooms2
Postal CodeL4Z 2Y5
Last UpdatedAug 8, 2026 · 8:48 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® W13547716

Listed by HOMELIFE/MIRACLE REALTY LTD

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$275,000

asking price

MLS®W13547716
TypeCommercial
CityMississauga
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,343

/month · $220,000 mortgage

Down Payment20% — $55,000
Interest Rate5.5%

Amortization

Total Interest

$182,858

Total Cost

$402,858

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

HOMELIFE/MIRACLE REALTY LTD