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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@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 7 days

    Unit 20 — 488 Eglinton Avenue W

    Hurontario·Mississauga, ON·L5R 0G2·Near Confederation Pkwy & Eglinton Ave W

    • 1 bath
    Mississauga real estate›W13529728
    • 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

    Exceptional opportunity to own a well-established and highly profitable BBQ & Jerk restaurant in the heart of Mississauga! Successfully operating since 2017, this turnkey business has built a loyal clientele and an outstanding reputation for authentic cuisine and exceptional service. Strategically located in a high-traffic, high-visibility commercial area with excellent exposure, easy highway access, and ample on-site parking. This 1,080 sq. ft. restaurant offers both dine-in and take-out service, featuring seating for 8 guests, one washroom, and a fully equipped commercial kitchen with premium, high-end equipment included in the sale. Benefit from an attractive lease rate with favourable lease terms and renewal options (subject to landlord approval), providing long-term operating stability. Comprehensive training will be provided to ensure a smooth transition for the new owner, making this an ideal opportunity for both experienced operators and first-time business owners. This is a true turnkey, high-income-generating business with significant potential for continued growth through catering, online ordering, extended hours, or additional marketing initiatives. Excellent opportunity to acquire a successful restaurant in one of Mississauga's busiest commercial corridors. Can be converted into any type of restaurant.

    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
    Jul 6, 2026ListedCurrentFor sale$599,900 —W13529728This page
    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.

    📍 Unit 20 — 488 Eglinton Avenue W
    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
    $2,947
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $330
    0.66% 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
      $982,553
      Last 30 days
    • Median sold price
      $887,250
      Middle of the market
    • Days on market
      30 d
      Avg from list to close
    • Closed last 30d
      1,596
      MLS® transactions
    Full Mississauga market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 20 — 488 Eglinton Avenue W — 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 Unit 20 — 488 Eglinton Avenue W 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 Unit 20 — 488 Eglinton Avenue W listed for?

      Unit 20 — 488 Eglinton Avenue W is listed at $599,900 on the MLS® (listing W13529728). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 20 — 488 Eglinton Avenue W 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. 1080 sqft
  2. Sale Of Business
  3. Asking
    $599,900
    $555 / sqft · MLS® W13529728
    Chat Zara
    Unit 20 — 488 Eglinton Avenue W — photo 3
  4. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $982,553
    $903,949Confidence range$1,061,157
    Asking vs estimate
    ↓below
    −$382,653
    (-38.9%)
    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 30 days — this one has been listed 7 days.

    Avg sold price
    $982,553
    Median sold
    $887,250
    Avg days on market
    30
    Recently sold
    1596
    See comparable sales
    • Strategically located in a high-traffic, high-visibility commercial area with excellent exposure, easy highway access, and ample on-site parking.
    • This 1,080 sq. ft. restaurant offers both dine-in and take-out service, featuring seating for 8 guests, one washroom, and a fully equipped commercial kitchen with premium, high-end equipment included in the sale.
    • Comprehensive training will be provided to ensure a smooth transition for the new owner, making this an ideal opportunity for both experienced operators and first-time business owners.
    • Can be converted into any type of restaurant.
    Ask Zara a follow-up

    Parking & garage

    1
    Garage
    Outside/Surface
  5. Interior

    1
    Elevator
    None
  6. Lot & land

    1
    Zoning
    Commercial Retail
  7. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Without Property
    Property class
    Sale Of Business
  8. Combined estimate
    $3,277
    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
    $2,947
    /mo
    based on the purchase price of $599,900
    $119,980 cash
    $479,920 financed
    $404,219 total interest
    Monthly payment$2,947/ month
    Principal54%$479,920
    Interest46%$404,219

    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.

    More sale of businesss in Mississauga

    Active listings within ±20% of this asking price.

    • 2555 Dixie Road
      $498,888
      2555 Dixie Road
      Sale Of Business
    • 263 Queen Street
      $499,999
      263 Queen Street
      Sale Of Business
    • 777 Dundas Street
      $499,000
      777 Dundas Street
      Sale Of Business
    • 1310 Dundas Street
      $550,000
      1310 Dundas Street
      Sale Of Business
    • 4553 Hurontario Street
      $699,999
      4553 Hurontario Street
      Sale Of Business
    • 71 King Street
      $489,000
      71 King Street
      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.

  9. One team, no handoffs

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

  10. Showings on YOUR schedule

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

  11. Mortgage that closes

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

  12. Public listing courtesy of CENTURY 21 SKYLARK REAL ESTATE LTD. · displayed on Summitly per MLS® data-share rules

    Unit 20 — 488 Eglinton Avenue W is a 1-bath, 1080 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  13. When was Unit 20 — 488 Eglinton Avenue W built?

    The year built for Unit 20 — 488 Eglinton Avenue W isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  14. What is the property tax for Unit 20 — 488 Eglinton Avenue W?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 20 — 488 Eglinton Avenue W plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  15. How much would the monthly mortgage be on Unit 20 — 488 Eglinton Avenue W?

    The affordability calculator on this page shows an estimated monthly mortgage for $599,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  16. Has Unit 20 — 488 Eglinton Avenue W been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 20 — 488 Eglinton Avenue W with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  17. What neighbourhood is Unit 20 — 488 Eglinton Avenue W in?

    Unit 20 — 488 Eglinton Avenue W is in Hurontario, Mississauga. The 'Neighbourhood' section below links to the live Mississauga real estate hub with average sold price, days on market, and current inventory.

  18. 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.