haho.ca
$49,900
For sale

#17 83 Kennedy Road South, Brampton (Brampton East) - Business for Sale

#17 83 Kennedy Road South, Brampton (Brampton East), Ontario, L6W3G1

Listed 25 days ago
Overview

This business in Brampton is for sale. It has been on the market 25 days, fresher than the Brampton average of 57 days.

Description

Excellent opportunity to own a turnkey convenience store in a prime South Brampton location atKennedy Rd & Clarence St., situated in a high-traffic commercial plaza at a majorintersection. The business has recently reopened and is ready for immediate operation. Idealfor owner-operators or investors. A dedicated vape retail area is already built, offering theopportunity to obtain a vape licence, subject to landlord and municipal approvals. There isalso potential to obtain a Beer/Wine Retail licence, subject to required approvals. Theprevious owner successfully operated a take-out restaurant from the same premises, providingan excellent opportunity for the new owner to explore adding a take-out food businessalongside the convenience store (subject to approvals). Great potential to increase revenuewith multiple income streams in a busy, growing location. (id:66096)

Property Details

MLS®
W13885802
Property Type
Business
Business Type
Retail and Wholesale
Zoning
commercial
Heating
Forced air
Cooling
Fully air conditioned
Listed
25 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
25d
Brampton (Brampton East) listings, avg age
57d
List price
$50K

Extended: 25 days on market, against an average age of 57 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Brampton (Brampton East) has been listed for 25 days, which is 32 days fresher than the city average of 57. Act while there is still low competition.

Listed by CENTURY 21 PROPERTY ZONE REALTY INC. · GURPREET SINGH BUTTER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6W)

This home lists at $49,900, about 0.6× the local median household income of $87,000.

Carrying it typically needs a household income of about $9,747 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$87,000
Population
23,547
Median age
40.8
Owner / renter
61% / 39%
Avg. household size
2.7

Source: Statistics Canada, 2021 Census (FSA L6W)

$49,900
For sale

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Financing

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$49,900

Brampton

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