$1,200,000

For sale

#119 50 Lacoste Blvd Boulevard, Brampton (Vales of Castlemore North) - Retail for Sale

#119 50 Lacoste Blvd Boulevard, Brampton (Vales of Castlemore North), Ontario, L6P3Z8

1 bath1,028 ft²20 × 50 ft (1,000 sq ft) lot sizeListed 8 days ago

Overview

This retail property in Brampton is for sale offering roughly 1,028 sq ft of space. It has been on the market 8 days, fresher than the Brampton average of 52 days.

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Description

Excellent opportunity to own a commercial property along with an existing dry cleaning business in a prime Brampton location! Situated in a well-established and thriving retail plaza, this fully built-out retail unit is surrounded by a variety of successful businesses and amenities and offers great exposure, accessibility, and convenience. The unit also features three separate office spaces, ideal for office work or administrative functions. Currently operating as a dry cleaning business, it presents an attractive opportunity for entrepreneurs, owner-operators, and investors looking to own both the business and the real estate. The property offers excellent potential for continued business operations or other permitted commercial uses. A rare opportunity to secure a commercial property in a desirable and growing location! (id:66096)

Property Details

MLS®: W14121060
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Commercial
Bathrooms: 1
Interior Size: 1,028 ft²
Lot Size: 20 × 50 ft (1,000 sq ft)
Frontage: 20 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $8,000/yr
Listed: 8 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Brampton (Vales of Castlemore North) listings, avg age

52d

Price / ft²

$1,167

List price

$1.20M

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 retail in Brampton (Vales of Castlemore North) has been listed for 8 days, which is 44 days fresher than the city average of 52. Act while there is still low competition.

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Listed by RE/MAX GOLD REALTY INC. · JAGROOP SINGH PANGLI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6P)

This home lists at $1,200,000, about 9.0× the local median household income of $134,000.

Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 75% above 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)

$1,200,000· $1,167/ft²

For sale

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Financing

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