49 Matheson Boulevard E, Mississauga
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. (id:1945)
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Property details for 49 Matheson Boulevard E, Mississauga
- Type
- Commercial
- Bathrooms
- 2
- Living Area
- 2,374 square feet
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $4,424
Nearby Listings Stat
Estimated price and comparable properties near 49 Matheson Boulevard E
Active Listings
49
Min Price
$275,000
Max Price
$1,120,000
Avg Price
$631,270
Days on Market
84
days
Sold Listings
27
Min Sold Price
$399,000
Max Sold Price
$1,099,000
Avg Sold Price
$636,114
Days until Sold
64
days
Neighbourhood Census Data
Mississauga, Ontario
Population
1,055
Median Age
41.5
Median Income
$35,328
Dwelling Value
$648,571
Housing Tenure
Owners 92%
Renters 8%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 3.5
Pop. Density: 413.6/km²
Avg Shelter Cost: $1,544/mo
Owners with Mortgage: 63.6%
Owners Spending 30%+: 18.2%
Tenants Spending 30%+: 66.7%
English only: 88.2%
English and French: 7.1%
Neither: 4.7%
Median Household Income: $110,336
Median Employment Income: $39,424
Price History
Listed
July 10, 2026
by HOMELIFE/MIRACLE REALTY LTD
Current Price
$275,000
-5.2% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $275,000 | $15,000 (-5.2%) |
| Jul 10, 2026 | $290,000 | Listed |
