1076 Cardiff Boulevard Unit 2&3B, Mississauga

Price: $199,000

0 bedrooms, 0 bathrooms

2,127 sqft

Property Type: Commercial

MLS#: W12885024

Turnkey Event Venue & Licensed Restaurant Opportunity in Mississauga Fantastic opportunity to acquire a charming and versatile event venue in Mississauga. This fully licensed restaurant and banquet space offers approximately 2,000 sq. ft. of functional space, comfortably accommodating 20-70 guests, with capacity for up to 98 guests depending on the event setup. The venue is ideally suited for weddings, bridal and baby showers, birthdays, corporate meetings, and private celebrations. Known for warm hospitality, flexibility, and personalized service, the business has built a strong reputation for hosting memorable events. Turnkey operation - ready for immediate takeover with existing equipment, licenses, and event setup in place. Low overhead and manageable size make this an ideal opportunity for an owner-operator, chefs or hospitality group seeking an event-focused business in the strong Mississauga market. There is also significant growth potential, including expanding revenue by introducing weekday restaurant service and/or corporate catering to surrounding businesses while continuing to operate private events on week

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$199,000 - 1076 Cardiff Boulevard Unit 2&3B, Mississauga

Commercial for Sale in Mississauga

0Beds
0Baths
2,127Sq Ft
Commercial
Property Details
MLS Number
W12885024
Property Type
Commercial
Status
active
Days on Site
20
Bedrooms
0
Bathrooms
0
Square Feet
2,127 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REALTY SERVICES INC.
Description

Turnkey Event Venue & Licensed Restaurant Opportunity in Mississauga Fantastic opportunity to acquire a charming and versatile event venue in Mississauga. This fully licensed restaurant and banquet space offers approximately 2,000 sq. ft. of functional space, comfortably accommodating 20-70 guests, with capacity for up to 98 guests depending on the event setup. The venue is ideally suited for weddings, bridal and baby showers, birthdays, corporate meetings, and private celebrations. Known for warm hospitality, flexibility, and personalized service, the business has built a strong reputation for hosting memorable events. Turnkey operation - ready for immediate takeover with existing equipment, licenses, and event setup in place. Low overhead and manageable size make this an ideal opportunity for an owner-operator, chefs or hospitality group seeking an event-focused business in the strong Mississauga market. There is also significant growth potential, including expanding revenue by introducing weekday restaurant service and/or corporate catering to surrounding businesses while continuing to operate private events on week

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Estimated Payment

$1,020.97/mo

Includes CMHC insurance ($5,552)

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5-yr fixed avg.

Principal: $179,100Interest: $121,640
Mortgage Amount$184,652
Total Interest$121,640
Est. Property Tax$141/mo
Total Cost$306,292

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1076 Cardiff Boulevard Unit 2&3B, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,564/mo
Range: $2,179 - $2,949
Cap Rate (ROI)
14.4%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,564
Maintenance Fees-$0
Property Tax (est.)-$141
Insurance (est.)-$41
Net Cash Flow+$2,382

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $94/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 20 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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