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11625 McVean DR NE #29 Brampton, ON L6P 4J4
983 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 983 sqft
Price per Sqft $1,144
Subdivision Toronto Gore Rural Estate
MLS Listing ID W12483532
Annual Tax Amount $7,331
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Excellent Investment Opportunity in Prime Brampton Location! Own this 983 sq. ft. commercial retail unit in one of Brampton's most sought-after neighbourhoods. The property is leased to a well-established, successfully operating restaurant with a 5+5+5 year term at $46/sq. ft. + TMI, with an annual rent increase of $1/sq. ft. Ideally situated at the busy intersection of Mayfield Rd & McVean Dr, this property offers maximum visibility and exposure along a high- traffic corridor. Surrounded by dense residential and commercial developments, this is a turnkey investment offering steady rental income and excellent future growth potential. TMI Is $13.50 per sqft.
Location
Province ON
County Peel
Community Toronto Gore Rural Estate
Area Peel
Zoning Commercial Retail
Interior
Cooling Yes
Exterior
Utilities Available Yes
Building
Building Age 0-5
Others
Security Features Yes
ParcelsYN No
Listed by RE/MAX GOLD REALTY INC.