29 - 11625 Mcvean Drive Ne, Brampton, Ontario L6P 4J4

Listed for:
$1,125,000
0 beds
0 baths
Listed 23 days ago
29 - 11625 Mcvean Drive Ne, Brampton, Ontario L6P 4J4

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Learn more about this property
Listing provided by:
RE/MAX GOLD REALTY INC.
MLS® number:
W12483532
Agent:
Gary Narwal
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About

Cross Streets: Mayfield Rd. and Mcvean Dr. ** Directions: South east corner of Mayfield Rd. and Mcvean Dr. 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. (id:27476)

Property Highlights

MLS® Number
W12483532
Type
Retail
Community Name
Toronto Gore Rural Estate

Building

Square Footage
983 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location