$549,999
994 Westport Crescent, Mississauga, ON L5T 1G1
Northeast
Listing courtesy of REALTY WEALTH GROUP INC.
Northeast · L4W 2Z2
$549,000
$72 / sq ft6 months on market
A rare opportunity to acquire a renowned bakery, one of the GTA's most iconic and award-winning Italian bakeries, operating for over 60 years in Toronto and now serving Mississauga and surrounding regions. The bakery is renowned for its wedding cakes, specialty pastries, artisan desserts, and its signature cannoli, zeppoli & gelato. The brand holds strong recognition, multi-generational customer loyalty, and a premium market reputation. The business operates from a 7,500 sq ft retail and production facility located in a high- traffic area of Mississauga. The space includes a full commercial bakery setup with significant leasehold improvements, walk-in coolers, freezers, commercial ovens, pastry equipment, refrigerated showcases, POS system, and storage areas. Replacement value of equipment and build-out is estimated at $800,000. The store features ample workspace, retail counters, and a well-organized production flow suitable for scaling operations, wholesale distribution, online delivery, or catering expansion. Financially stable and consistently performing, the bakery has consistent production capacity and operational continuity. Estimated annual net operating income is approximately 25% offering a solid return with potential for further growth. The business presents excellent upside opportunities for motivated buyers. Potential expansions include: introduction of more online ordering and delivery platforms, wholesale partnerships with restaurants and cafes, increased corporate and wedding catering, modern digital marketing, and leveraging its strong brand for multi-location or franchise development. With a premium facility, reputable brand, and well-established systems already in place, the Bakery is suitable for both hands-on operators and strategic investors seeking to expand in the bakery, cafe, or specialty foods sector.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 86% of comparable business for sale listings in Northeast are asking less.
Based on 29 comparable active business for sale listings in Northeast. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $549,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of NEWGEN REALTY EXPERTS. 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.
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$549,999
Northeast
Listing courtesy of REALTY WEALTH GROUP INC.
$460,000
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Listing courtesy of HOMELIFE HEARTS REALTY INC.
$449,000
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Listing courtesy of RE/MAX REALTY SERVICES INC.