For Sale Price Drop MLS® W13825712

223 Ceremonial Drive, Unit 10

Hurontario · Mississauga · ON · L5R 2N3

On market 15 days

Other Type
0-5 Age

About this property

An exceptional turn-key Kung Fu Tea opportunity located in the highly desirable Hurontario / East Credit neighbourhood. This established neighbourhood plaza benefits from steady daily foot traffic generated by surrounding residential density and professional services. Ideally positioned within approximately 5-7 minute walk to Champlain Trail Public School, St Hilary Elementary School and Fairwind Senior Public School, creating strong afternoon, after-school, evening and weekend demand. A profitable business with strong and loyal community following driving repeat business. Offered with an attractive monthly rent of $2,544 + HST (including TMI and Water) - a rare advantage for a cafe-style operation. Lease in place to May 31, 2027, with 5-year renewal option. Business Transfer Fee $5000 + HST ( shared by existing owner and new owner). The original owner invested over $230,000 in professional build-out, equipments, and brand-compliant setup. A true walk-in, turn-key opportunity - take over and begin operating the very next day after closing. The Buyer is not required to continue operating under the Kung Fu Tea franchise and may change the business concept or use, subject to landlord approval.

Key facts

Type Sale Of Business
Days on market 15
Neighbourhood Hurontario
Property details
Property type Sale Of Business
Age 0-5

Mortgage calculator

$416/moMonthly payment
$71,200Mortgage amount
$53,544Total interest
$142,544Total cost

Location

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Market Overview

Mississauga

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MLS® W13825712 Brokerage CENTURY 21 ATRIA REALTY INC. Listed Sep 24, 2026 Updated Oct 4, 2026

Listing data provided by the Toronto Regional Real Estate Board (TRREB).

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The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

Last updated: October 9, 2026.

$89,000
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