haho.ca
$199,000
For sale

#46 11685 McVean Drive, Brampton (Toronto Gore Rural Estate) - Business for Sale

#46 11685 McVean Drive, Brampton (Toronto Gore Rural Estate), Ontario, L6P0J9

Listed 109 days ago
Overview

This business in Brampton is for sale.

Description

Excellent opportunity to acquire a turnkey Bubble Tea franchise business in a prominent retail plaza at Mayfield Rd. & McVean Dr. in Brampton. The business is situated in a fully occupied plaza with excellent exposure and is surrounded by established businesses and growing residential communities. The premises are fully equipped, including a commercial kitchen and equipment required for the operation. The business benefits from a favorable lease with reasonable rent, offering an attractive occupancy cost for the area. It has an established customer base and online presence with positive Google reviews. This opportunity is ideal for a qualified purchaser looking to continue operating the existing franchise, subject to the franchisor's approval and franchise requirements. Buyers may also explore other permitted business concepts, subject to the terms of the lease, landlord consent, applicable agreements, and any required approvals. (id:66096)

Property Details

MLS®
W13580454
Property Type
Business
Zoning
Commercial
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
109 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
109d
Brampton (Toronto Gore Rural Estate) listings, avg age
54d
List price
$199K

Long Listed: 109 days on market, against an average age of 54 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 (Toronto Gore Rural Estate) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by RE/MAX GOLD REALTY INC. · RANJODH SINGH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6P)

This home lists at $199,000, about 1.5× the local median household income of $134,000.

Carrying it typically needs a household income of about $38,872 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$134,000
Population
91,155
Median age
36
Owner / renter
89% / 11%
Avg. household size
4.3

Source: Statistics Canada, 2021 Census (FSA L6P)

$199,000
For sale

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Financing

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$199,000

Brampton

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