Overview

This industrial property in Brampton is for sale offering roughly 2,000 sq ft of space. It has been on the market 33 days, fresher than the Brampton average of 55 days.

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Description

Excellent investment opportunity ideal for an end user, investor, or business owner looking for a versatile industrial space. The unit currently features approximately 20% finished office space at the front and 80% warehouse space, along with a small mezzanine currently set up as a boardroom. Please note that the mezzanine is not included in the stated square footage. The layout offers excellent flexibility for a variety of uses. Rent out the front office area while using the warehouse for your own business, storage, or operations. There is also potential to expand the existing mezzanine, creating even more functional area and potential rental income. We are Close to Highways 407,427,410. Well maintained complex with ample parking. (id:66096)

Property Details

MLS®: W13855170
Property Type: Industrial
Zoning: Industrial
Bathrooms: 1
Parking: 5
Interior Size: 2,000 ft²
Frontage: 20 ft
Heating: Forced air
Cooling: None
Property Tax: $7,900/yr
Listed: 33 days ago

Market Timing

Days on market

33d

Brampton (Gore Industrial North) listings, avg age

55d

Price / ft²

$490

List price

$980K

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 industrial in Brampton (Gore Industrial North) has been listed for 33 days, which is 22 days fresher than the city average of 55. Act while there is still low competition.

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Area context

Neighbourhood profile (L6S)

This home lists at $979,999, about 9.3× the local median household income of $105,000.

Carrying it typically needs a household income of about $191,428 (20% down, 25-yr amortization, stress-tested) — roughly 82% above the area median.

Median household income: $105,000
Population: 54,361
Median age: 38.8
Owner / renter: 82% / 18%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA L6S)

$979,999· $490/ft²

For sale

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Financing

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#39 14 Automatic Road, Brampton (Gore Industrial North) - Industrial for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L6S)

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