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MLS® W12709102

Unit Unit2 - 5835 Dixie Rd

Mississauga, ON L4W 4V7

$1,099,000

Type

Sale Of Business

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Description

Prestige Restaurant & Banquet Hall is a spacious 6,118 Sq Ft venue located in Mississauga near the Brampton border and close to the airport. This fully licensed establishment accommodates up to 262 guests, making it ideal for parties, events, and catering. The layout is well designed to maximize guest comfort and operational efficiency. The restaurant features a large commercial kitchen equipped with multiple hood systems totaling 31 ft, including a 7-ft charcoal range, and two walk-ins (1 + 1). Fantastic lease rate of $12,389 Gross per month including TMI and 2 + 5 + 5 years remaining, the property offers excellent value. Parking is available for over 100 vehicles, supporting high-capacity events. Currently operating as a popular restaurant concept with strong sales, this venue is also available for rebranding into a new concept if desired. The space is enhanced with a top-of-the-line sound system, professional lighting, and other premium features. Potential for Vendor Take Back (VTB) financing pending approval and conditions. Please do not go direct or speak to staff or ownership.

Price & Status History

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Property Details

Property TypeSale Of Business
CommunityNortheast
Lot Dimensions334.19 × 500.82 ft
Dir/Cross StDixie and 401
Garage TypePlaza
Heating TypeGas Forced Air Closed
A/CYes
SewersSanitary+Storm
HSTIn Addition To
SecurityNo
Listed Date1/19/2026
Days on Market82 days
PossessionTBD
Vick Yogeswaran - REALTOR

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Listing Courtesy of:

ROYAL LEPAGE SIGNATURE REALTY

This listing is provided through the TRREB MLS® System.

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MLS® #W12709102