Skip to content
1 / 2
For saleMLS® W12554602

3092 Mavis Road 45, Mississauga, ON L5C 1T8

Mavis-Erindale · L5C 1T8

$1,429,418

$1,050 / sq ft

11 months on market

Total area
1,361.35 sf
0

What's special

  • Outside/surface garage
  • Yes

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

About this property

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.

Property details

Property

Property type
retail
Interior size
1,361.35 sq ft
Zoning
Commercial
Possession
Under construction- Occupancy Fall,2026

Interior

Heating
Other
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$1,429,418
Price per sq ft
$1,050

Listing

MLS® number
W12554602
Status
For sale
Listed
November 18, 2025
Days on market
352
Last updated
June 9, 2026
Listing brokerage
CITYSCAPE REAL ESTATE LTD.

Price & sale history

This property's sale history is hidden

TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.

Unlock sale history & sold price

Free. Takes about twenty seconds.

Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 63% of comparable retail listings in Mississauga are asking less.

$220.6000000000002Median $1.10M$3.41M
This home
$1,050 / sq ft
Comparable median
$625 / sq ft

Based on 63 comparable active retail listings in Mississauga. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.3% · minimum $117,942
$117,942
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,251.38
Estimated monthly
$7,251

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$25,063
Total due on closing
$25,063

An estimate on the asking price of $1,429,418. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CITYSCAPE REAL ESTATE LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,429,418

Contact Book a viewing

Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

Unlock nearby sold prices

Free. Takes about twenty seconds.