Welcome to this remarkable sale of business located in the coveted neighborhood of Northeast. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $549,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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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Data-driven valuation for 1275 Eglinton Avenue E 63, Mississauga, ON L4W 2Z2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.
About Purchasing a Home in Mississauga, ON
For a property listed at $549,000 in Mississauga, the legal minimum down payment is $29,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,455 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.