Excellent Investment Opportunity in Prime Brampton Location! Own this 983 sq. ft. commercial retail unit in one of Brampton's most sought-after neighbor hoods. 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.
Address
29 - 11625 Mcvean Drive N
List Price
$999,000
MLS® Status
New
Expiration Date
2026-12-13
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Brampton
Sub-Area
Toronto Gore Rural Estate
Region
Peel
Lot Type
Unit
Lot Size Units
Feet
Total Building Area
983
Occupant Type
Tenant
Cross Street
Mayfield Rd. and Mcvean Dr.
Approx. Age
0 - 5 Years
MLS® Number
W12881242
Listing Brokerage
RE/MAX GOLD REALTY INC.
Basement
No
Postal Code
L6P 4J4
Posession Details
TBA
Tax Amount
$10,400.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Plaza
Security Features
Yes
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