ON > Brampton > Toronto Gore Rural Estate
Brampton, ON L6P 4J4,11625 McVean DR NE #29
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,125,000
Est. payment /mo
983 SqFt
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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.

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

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Listed by RE/MAX GOLD REALTY INC.

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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