46 - 11685 MCVEAN DRIVE, Brampton (Toronto Gore Rural Estate)

$199,000

For sale: Other

Other at 46 - 11685 MCVEAN DRIVE, Brampton (Toronto Gore Rural Estate)
Property type
Sale Of Business
MLS®
MLS® W13580454
Neighbourhood
Toronto Gore Rural Estate

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.

Sold data

Homes in Brampton (Toronto Gore Rural Estate) — recent sold market

Homes in Brampton (Toronto Gore Rural Estate) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 40, across 1,324 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.

The median sale price was $849,000.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 19% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$849,000
Sale-to-list ratio
97.2%
Sold above asking
19%

Based on 1,324 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Brampton (Toronto Gore Rural Estate)

Brampton (Toronto Gore Rural Estate) has 112 Fraser Institute–rated schools (86 elementary and 26 secondary), averaging 6.1/10.

Rated schools
112
Elementary
86
Secondary
26
Average rating
6.1 / 10

Top-rated schools in Brampton (Toronto Gore Rural Estate)

  • Al-Ameen — elementary, BramptonFraser rating 10.0/10
  • Khalsa Community — elementary, BramptonFraser rating 10.0/10
  • Our Lady of Lourdes — elementary, BramptonFraser rating 8.6/10
  • Sainte-Jeanne-d'Arc — elementary, BramptonFraser rating 8.3/10
  • Sacred Heart — elementary, BramptonFraser rating 8.1/10
  • St Brigid — elementary, BramptonFraser rating 8.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 46 - 11685 MCVEAN DRIVE