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$ 888,000
Est. payment /mo
Price Dropped by $61K
11625 McVean DR N #29 Brampton, ON L6P 4J4
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Toronto Gore Rural Estate
MLS Listing ID W13538340
Annual Tax Amount $8,619
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
Excellent investment opportunity in a prime Brampton location! This 983 sq. ft. commercial retail unit is situated in one of Brampton's most desirable and rapidly growing neighbourhoods. The property is leased to a well-established, successful restaurant on a secure 5 + 5 + 5-year lease at $47/sq. ft. + TMI, with an annual rent escalation of $1/sq. ft., providing stable and growing income.Ideally located at the high-traffic intersection of Mayfield Rd. & McVean Dr., this property offers outstanding visibility and exposure. Surrounded by thriving residential communities and established commercial developments, it benefits from strong foot traffic and long-term growth potential. A turnkey, income-generating investment in a high-demand area with exceptional future upside.
Location
Province ON
County Peel
Area Peel
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.
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