haho.ca
$399,900
For sale

#71 & 72 11695 McVean Drive, Brampton (Toronto Gore Rural Estate) - Business for Sale

#71 & 72 11695 McVean Drive, Brampton (Toronto Gore Rural Estate), Ontario, L6P4N5

2,674 ft²Listed 40 days ago
Overview

This business in Brampton is for sale offering roughly 2,674 sq ft of space. It has been on the market 40 days, fresher than the Brampton average of 54 days.

Description

PROFITABLE TURNKEY INDIAN RESTAURANT - PRIME BRAMPTON LOCATION!! Excellent opportunity to acquire a profitable, fully equipped and operating Indian restaurant in a prime Brampton location at Mayfield Rd. & McVean Dr. Approximately 2,674 sq. ft. across two units, with excellent visibility, ample parking, and strong exposure in a fully occupied plaza surrounded by established businesses and a growing residential community. Approx. rent: $15,000/month including TMI & HST. Rebranding is possible, subject to lease terms and approvals. Excellent potential for further growth through catering, delivery, extended hours, private events, and marketing. Bring your best offer! (id:66096)

Property Details

MLS®
W13829268
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Interior Size
2,674 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
40 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
40d
Brampton (Toronto Gore Rural Estate) listings, avg age
54d
Price / ft²
$150
List price
$400K

Extended: 40 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) has been listed for 40 days, which is 14 days fresher than the city average of 54. Act while there is still low competition.

Listed by CENTURY 21 GREEN REALTY INC. · MAHESH PATANI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6P)

This home lists at $399,900, about 3.0× the local median household income of $134,000.

Carrying it typically needs a household income of about $78,114 (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)

$399,900· $150/ft²
For sale

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Financing

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$399,900

Brampton

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