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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 38 days

    2855 Derry Road E

    Northeast·Mississauga, ON·L4T 1A6·Near Derry Rd East & Airport Rd

    • 1500 sqft
    Mississauga real estate›W13115446
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Prime Restaurant Opportunity Near Airport. Excellent opportunity to acquire a well-equipped restaurant in a high-demand location close to the airport. This versatile space is ideal for restaurateurs looking to launch or expand their concept in a busy, high-traffic area. The premises feature a 10-foot commercial hood, making it suitable for a wide range of cooking operations. It also includes a walk-in cooler and freezer, providing ample storage capacity for efficient kitchen management. With a monthly rent of$6,500, this location offers strong potential for a variety of cuisines. The flexible layout allows conversion to any concept, subject to landlord approval, giving operators the freedom to tailor the space to their vision. Surrounded by consistent foot traffic and benefiting from proximity to the airport, this is a rare chance to establish a thriving food business in a strategic location.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 28, 2026Previously listedNew$259,000 —W13209108View
    May 11, 2026ListedCurrentFor sale$199,000 —W13115446This page
    Feb 12, 2026Previously listedTer$359,000 —W12781916View
    Feb 3, 2026Previously listedTer$30 —W12755286View
    Dec 17, 2025Previously listedTer$225,000 —W12641538View
    Nov 9, 2025Previously listedTer$398,000 —W12527120View
    Oct 11, 2025Previously listedTer$30 —W12458457View
    Jun 3, 2025Previously listedTer$30 —W12192133View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      Gas Forced Air Closed
      Air conditioning
      Yes
      Water source
      Municipal
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 2855 Derry Road E
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $978
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $242
    1.46% mill rate · ON
    The market

    How this home sits in the Mississauga market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Mississauga market right now

    Average sold price, days on market, and closed-transaction count for Mississauga — sourced from MLS®.

    • Avg sold price
      $992,732
      Last 30 days
    • Median sold price
      $890,000
      Middle of the market
    • Days on market
      31 d
      Avg from list to close
    • Closed last 30d
      1,525
      MLS® transactions
    Full Mississauga market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 2855 Derry Road E — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 2855 Derry Road E and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 2855 Derry Road E listed for?

      2855 Derry Road E is listed at $199,000 on the MLS® (listing W13115446). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 2855 Derry Road E have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. Sale Of Business
  2. Asking
    $199,000
    $133 / sqft · MLS® W13115446
    Chat Zara
  3. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $992,732
    $913,313Confidence range$1,072,151
    Asking vs estimate
    ↓below
    −$793,732
    (-80.0%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Mississauga sell in about 31 days — this one has been listed 38 days.

    Avg sold price
    $992,732
    Median sold
    $890,000
    Avg days on market
    31
    Recently sold
    1525
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    Prime Restaurant Opportunity Near Airport.
  4. This versatile space is ideal for restaurateurs looking to launch or expand their concept in a busy, high-traffic area.
  5. It also includes a walk-in cooler and freezer, providing ample storage capacity for efficient kitchen management.
  6. The flexible layout allows conversion to any concept, subject to landlord approval, giving operators the freedom to tailor the space to their vision.
  7. Ask Zara a follow-up

    Parking & garage

    1
    Garage
    Plaza
  8. Interior

    1
    Elevator
    Public
  9. Lot & land

    1
    Zoning
    Restaurant
  10. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Without Property
    Property class
    Sale Of Business
  11. Combined estimate
    $1,220
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $978
    /mo
    based on the purchase price of $199,000
    $39,800 cash
    $159,200 financed
    $134,088 total interest
    Monthly payment$978/ month
    Principal54%$159,200
    Interest46%$134,088

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    More sale of businesss in Mississauga

    Active listings within ±20% of this asking price.

    • 1900 Lakeshore Road
      $175,000
      1900 Lakeshore Road
      Sale Of Business 2
    • 114 Lakeshore Road
      $224,900
      114 Lakeshore Road
      Sale Of Business 1
    • 3450 Platinum Drive
      $179,999
      3450 Platinum Drive
      Sale Of Business
    • 2465 Cawthra Road
      $180,000
      2465 Cawthra Road
      Sale Of Business
    • 2515 Derry Road
      $169,900
      2515 Derry Road
      Sale Of Business
    • 2150 Burnhamthorpe Road
      $210,000
      2150 Burnhamthorpe Road
      Sale Of Business
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  12. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  13. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  14. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  15. Public listing courtesy of COLDWELL BANKER G19 REALTY · displayed on Summitly per MLS® data-share rules

    2855 Derry Road E is a 1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  16. When was 2855 Derry Road E built?

    The year built for 2855 Derry Road E isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  17. What is the property tax for 2855 Derry Road E?

    The 'Property tax' tab in the History section shows the most recent annual tax for 2855 Derry Road E plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  18. How much would the monthly mortgage be on 2855 Derry Road E?

    The affordability calculator on this page shows an estimated monthly mortgage for $199,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  19. Has 2855 Derry Road E been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 2855 Derry Road E with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  20. What neighbourhood is 2855 Derry Road E in?

    2855 Derry Road E is in Northeast, Mississauga. The 'Neighbourhood' section below links to the live Mississauga real estate hub with average sold price, days on market, and current inventory.

  21. Is Mississauga a good place to live?

    Mississauga is one of ON's actively-tracked Summitly markets. The full Mississauga real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.