NewFor Sale

Unit 29 - 11625 McVean Drive NE
Brampton, Peel, ON, L6P 4J4

Commercial Retail
TRREB
MLS® Number: W12483532
$1,125,000List Price
Commercial RetailProperty Type
983 sq ftSize
$7,331.11 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 11625 McVean Drive NE 29, Brampton, ON L6P 4J4

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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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$7,331.11 / 2024
Listing #:W12483532
Property Type:Commercial Retail
Building Age:0-5
Size:983 sq ft
Days on CPRB:
Garage:Plaza
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX GOLD REALTY INC.

Rooms

Details

Property

Property Type:Commercial Retail
Community:Toronto Gore Rural Estate
Municipality:Peel

Building

Size:983 sq ft
Building Age:0-5

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Plaza
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:Mayfield Rd. and Mcvean Dr.

$1,125,000

List price

Unit 29 - 11625 McVean Drive NE, Brampton – Commercial Retail for sale