Message Number427485
statusActive
Subject LineGTA Downtown Brampton, Convenience Store w/2bedr Apartment, Great Location, $ 1.89M, 6 - 8 Parking Spots, Large lot, Possible Redevelopment w/2 more properties
Business area
Canada
Ontario
Greater Toronto area
York Region
Location, CityBrampton
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Date of ListingJuly 21 2024
Type DescriptionCommercial building
Price$1,890,000.00
CommentsFree-Standing Commercial Building with Established Convenience Store and Residential Apartment

Discover a prime investment opportunity in the heart of downtown Brampton. This corner property features a free-standing commercial building housing a well-established convenience store that has been serving the local neighborhood for decades. Additionally, it includes a spacious two-bedroom apartment on the second floor, making it a versatile investment option.

Property Highlights:

Prime Downtown Location: Situated in the vibrant heart of Brampton, this property is just steps away from the Brampton GO station, Algoma University, and various amenities.

Established Business: The convenience store has a strong, long-standing presence in the community, providing a steady stream of income.

Residential Component: The spacious two-bedroom apartment on the second floor offers additional rental income potential.

Large Lot with Ample Parking: The property features a sizable lot with parking for approximately 6-8 cars, enhancing its commercial appeal.

Development Potential: With commercial zoning and a large lot, this property presents a unique opportunity for builders and investors to develop a low-rise building on the combined land of both properties.
GTA Downtown Brampton, Convenience Store w/2bedr Apartment, Great Location, $ 1.89M, 6 - 8 Parking Spots, Large lot, Possible Redevelopment w/2 more properties
Convenient Accessibility: The property is within a 5-minute walk to multiple schools, parks, gyms, including the YMCA, and a new hospital. The Brampton GO Station is only an 8-minute walk away, Highway 410 is a quick 5-minute drive, and the ZUM bus line on Queen Street is just a 5-minute walk away. Additionally, a fire station at Centre and Vodden is within a 5-minute walk.

This property is an excellent investment in a high-demand, central location with substantial potential for both commercial and residential income.
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ControlMLS
NameRodica Iliescu
TitleBroker
Company NameRe/Max All Stars Realty Inc., Brokerage
Address Line One5071 Highway # 7 East
CityUnionville
State/ProvinceOntario
Zip/Postal CodeL3R 1N3
CountryCanada
Business Phone Number(647)204-4663
Cell Number6472044663
Home Number6472044663
FAX Number9054776839
Email AddressSend Email
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