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

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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 184 days

    2855 Derry Road E

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

      0
    • Sale Of Business
    Mississauga real estate›W12641538
    • 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

    Rare opportunity to acquire a well-established pure vegetarian Indian street food restaurant in a prime corner unit with excellent exposure on Derry Rd E, Malton. This high-visibility location benefits from strong daily traffic, prominent signage potential, and easy access, making it ideal for both walk-in customers and delivery operations. The restaurant is widely recognized for its Delhi-style Indian street food, offering bold flavors, fresh ingredients, and a modern street-food experience that appeals to a broad demographic. The menu features customizable vegetarian dishes and fusion-style street food items, designed to meet the growing demand for vegetarian and plant-based options. Strong repeat clientele and positive customer response make this a proven concept.The business operates with multiple revenue channels, including dine-in, takeout, pickup, and delivery. It has a well-established online ordering system through its own website and maintains a strong presence on major food delivery platforms such as Uber Eats, ensuring consistent order flow and brand visibility.The premises is clean, well-maintained, and thoughtfully laid out for efficient operations. Suitable for an owner-operator, first-time business buyer, or investor looking for a turnkey operation. The concept can also be rebranded or expanded with menu offerings, catering services, or extended operating hours to further increase revenue.Located in a growing commercial area surrounded by residential communities, offices, and other businesses, this location offers excellent growth potential. Training and transition support may be available to ensure a smooth takeover. Do not miss this opportunity to own a popular vegetarian food business in one of close to Pearson Airport, Hwy 427, Hwy 409, 401 & 410 desirable commercial corridors.

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

    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, 2026Previously listedNew$199,000 —W13115446View
    Feb 12, 2026Previously listedTer$359,000 —W12781916View
    Feb 3, 2026Previously listedTer$30 —W12755286View
    Dec 17, 2025ListedCurrentFor sale$225,000 —W12641538This page
    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 Open
      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
    $1,105
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $242
    1.29% 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
      $985,974
      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
      1,535
      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 $225,000 on the MLS® (listing W12641538). 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.

    Asking
    $225,000
    MLS® W12641538
    Chat Zara
  1. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $985,974
    $907,096Confidence range$1,064,852
    Asking vs estimate
    ↓below
    −$760,974
    (-77.2%)
    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 184 days.

    Avg sold price
    $985,974
    Median sold
    $890,000
    Avg days on market
    31
    Recently sold
    1535
    See comparable sales
    AI highlights by Zara
    • This high-visibility location benefits from strong daily traffic, prominent signage potential, and easy access, making it ideal for both walk-in customers and delivery operations.
    • The menu features customizable vegetarian dishes and fusion-style street food items, designed to meet the growing demand for vegetarian and plant-based options.
    • Strong repeat clientele and positive customer response make this a proven concept.The business operates with multiple revenue channels, including dine-in, takeout, pickup, and delivery.
    • Training and transition support may be available to ensure a smooth takeover.
    Ask Zara a follow-up

    Parking & garage

    1
    Garage
    Plaza
  2. Lot & land

    1
    Zoning
    Restaurant
  3. Listing & possession

    3
    Occupancy
    TBA
    Property style
    Without Property
    Property class
    Sale Of Business
  4. Combined estimate
    $1,347
    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
    $1,105
    /mo
    based on the purchase price of $225,000
    $45,000 cash
    $180,000 financed
    $151,607 total interest
    Monthly payment$1,105/ month
    Principal54%$180,000
    Interest46%$151,607

    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.

    • 114 Lakeshore Road
      $224,900
      114 Lakeshore Road
      Sale Of Business 1
    • 920 Southdown Road
      $249,000
      920 Southdown Road
      Sale Of Business 1
    • 2465 Cawthra Road
      $180,000
      2465 Cawthra Road
      Sale Of Business
    • 1015 Cawthra Road
      $250,000
      1015 Cawthra Road
      Sale Of Business
    • 2855 Derry Road
      $259,000
      2855 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.

  5. One team, no handoffs

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

  6. Showings on YOUR schedule

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

  7. Mortgage that closes

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

  8. Public listing courtesy of HOMELIFE SILVERCITY REALTY INC. · displayed on Summitly per MLS® data-share rules

    2855 Derry Road E is a sale of business at Mississauga, ON. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  9. 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.

  10. 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.

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

    The affordability calculator on this page shows an estimated monthly mortgage for $225,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  12. 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.

  13. 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.

  14. 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.