- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- W12709102
- Bus Major:
- Banquet Hall
- Photos (33)
- Schedule / Email
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Prestige Restaurant & Banquet Hall is a spacious 6,118 Sq Ft venue located in Mississauga near the Brampton border and close to the airport. This fully licensed establishment accommodates up to 262 guests, making it ideal for parties, events, and catering. The layout is well designed to maximize guest comfort and operational efficiency. The restaurant features a large commercial kitchen equipped with multiple hood systems totaling 31 ft, including a 7-ft charcoal range, and two walk-ins (1 + 1). Fantastic lease rate of $12,389 Gross per month including TMI and 2 + 5 + 5 years remaining, the property offers excellent value. Parking is available for over 100 vehicles, supporting high-capacity events. Currently operating as a popular restaurant concept with strong sales, this venue is also available for rebranding into a new concept if desired. The space is enhanced with a top-of-the-line sound system, professional lighting, and other premium features. Potential for Vendor Take Back (VTB) financing pending approval and conditions. Please do not go direct or speak to staff or ownership.
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Freestanding:
- No
- Total Area:
- 6118 sq. ft. Square Feet
- Total Area:
- 6,118 sq. ft.
- Retail Area:
- 6118 sq. ft. Sq Ft
- Lot Depth:
- 500'10"
- Lot Frontage:
- 334'2"
- Lot Shape:
- Irregular
- Water supply:
- Municipal
- Soil Test:
- No
- Zoning:
- Business Commercial
- Heating type:
- Gas Forced Air Closed
- Survey Available:
- No
- Garage:
- Plaza
- Parking Spaces:
- 100
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- TMI
- Taxes:
- $0 / 2025
- Assessment:
- $- / -
- Peel
- Mississauga
- Northeast
- Major Highway, Recreation/Community Centre
- No
- None
- No
- No
- Utilities:
- Available
- Sewers:
- Sanitary+Storm
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- No
- Financial Statements:
- Yes
- Business/Building Name:
- Prestige Restaurant
- Major Business Type:
- Banquet Hall
- Category:
- Without Property
- Franchise:
- No
- Days Open:
- Varies
- Hours Open:
- Varies
- Employees:
- 15
- Chattels:
- Yes
- LLBO:
- Yes
- Outside Storage:
- Yes
- Seats:
- 262
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated January 20, 2026 at 06:15 AM (UTC)
- ALI BOLOURCHI
- EXP REALTY BROKERAGE
- 1 (416) 8862000
- Contact by Email
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A.B.R.E. Team
eXp Realty Brokerage
Your Trusted Partner in Real Estate.
Proud Member of:
- TRREB (Toronto Regional Real Estate Board)
- CREA (Canadian Real Estate Association)
- OREA (Ontario Real Estate Association)
- CCC (Canadian Commercial Council of REALTORS®)
- CCIM (Certified Commercial Investment Member)
- NAR (National Association of REALTORS®)
- PSA (Certified Pricing Strategy Advisor)
- ABR® (Accredited Buyer Representative)
- AREAA (Asian Real Estate Association of America)
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info@ali.realtor
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Toronto, ON, M2N6K8