Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger

5955 LATIMER DRIVE, Mississauga, Ontario, L5V 0B7

MLS® # W12405435
Commercial For Sale In East Credit, Mississauga, Ontario
$599,000

None Beds

5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
5955 Latimer Drive, Mississauga, ON
  • Advertising
5955 LATIMER DRIVE, Mississauga, Ontario, L5V 0B7
$599,000

Property Information:

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. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Floor Space: 2866 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Floor Space (approx): 2866 Square Feet
  • Zoning: commercial

REALTOR.ca  

Location of 5955 LATIMER DRIVE, Mississauga, Ontario, L5V 0B7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 5955 LATIMER DRIVE , experiences 7 hot days per year at around 31.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.1 degrees Celsius.

Projected Avg. Temperature

Past
31.5℃
2050
35.1℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

56/100

Moderate

ClimateCheck®

Current data

This property, 5955 LATIMER DRIVE , experiences 11 significant 2-day storms per year, with about 301mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 372.6mm of precipitation per year.

Precipitation Per Storm

Past
301mm
2050
372.6mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 5955 LATIMER DRIVE, Mississauga, Ontario, L5V 0B7

Life Stage

Young Families

Employment Type

Mixed

Average Household Income

$135,394.32

Average Number of Children

1.96

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.7 %

High school certificate or equivalent

30.03 %

Apprenticeship trade certificate/diploma

2.67 %

College/non-university certificate

13.82 %

University certificate (below bachelor)

1.42 %

University Degree

40.36 %

Commuter

Travel To Work

By Car

87.03 %

By Public Transit

6.03 %

By Walking

2.41 %

By Bicycle

0.0 %

By Other Methods

4.53 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.84 %

Houses

97.16 %

Own Vs. Rent