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Home ON Greater Toronto Area Peel Region Brampton Vales of Humber
29 - 11625 MCVEAN DRIVE NE
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29 - 11625 MCVEAN DRIVE NE $1,125,000
$1,125,000
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29 - 11625 MCVEAN DRIVE NE
Brampton (Toronto Gore Rural Estate), Ontario L6P4J4

MLS® Number: W12483532

Listing 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. TMI Is $13.50 per sqft. (41518825)

Location Description

Cross Streets: Mayfield Rd. and Mcvean Dr. ** Directions: South east corner of Mayfield Rd. and Mcvean Dr.

Property Summary

Property Type
Retail
Community Name
Toronto Gore Rural Estate
Age Of Building
0 to 5 years
Annual Property Taxes
$7,331.11
Time on REALTOR.ca
49 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
983 sqft

Land

Other Property Information
Zoning Description
Commercial Retail
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GARY NARWAL