#31 227 Vodden Street East, Brampton (Madoc) - Business for Sale
#31 227 Vodden Street East, Brampton (Madoc), Ontario, L6V1N2
This business in Brampton is for sale offering roughly 1,120 sq ft of space.
Description
Hair Salon for Sale in a prime location at Centennial Mall. This established location has operated as a hair salon for over 30 years, offering excellent visibility, strong foot traffic and ample plaza parking. Situated in a busy commercial plaza surrounded by major retailers and businesses including Tim Hortons, Food Basics, Rexall, Church's Chicken, Planet Fitness and many more. Attractive rental terms with Net Rent of approximately $28 per sq. ft. plus approximately $24.25 per sq. ft. TMI. A 5-year renewal option is available, subject to landlord approval and existing lease terms. Excellent opportunity for an owner-operator or entrepreneur looking to establish or expand a salon business in a well-known, high-traffic Brampton location. (id:66096)
Property Details
- MLS®
- W13801696
- Property Type
- Business
- Business Type
- Personal Services
- Zoning
- Commercial
- Interior Size
- 1,120 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 48 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 48 days on market, against an average age of 50 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.
This business in Brampton (Madoc) has been listed for 48 days, which is 2 days fresher than the city average of 50. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L6V)
This home lists at $49,000, about 0.5× the local median household income of $93,000.
Carrying it typically needs a household income of about $9,571 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $93,000
- Population
- 42,392
- Median age
- 37.6
- Owner / renter
- 69% / 31%
- Avg. household size
- 3
Source: Statistics Canada, 2021 Census (FSA L6V)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →No similar listings for sale right now.
$49,000
Brampton