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$ 1,125,000
Est. payment | /mo
983 SqFt
$ 1,125,000
Est. payment | /mo
983 SqFt
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
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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