8 - 11655 MCVEAN DRIVE, Brampton (Toronto Gore Rural Estate)

$2,551,000

For sale: Other

Other at 8 - 11655 MCVEAN DRIVE, Brampton (Toronto Gore Rural Estate)
Property type
Commercial Retail
MLS®
MLS® W12804630
Neighbourhood
Toronto Gore Rural Estate

Prime Leasehold Property for Sale - 2,057.60 Sq. Ft. with Guaranteed Long Term Rental Income. We are pleased to present a rare investment opportunity in one of the most vibrant commercial areas on the Brampton and Caledon border. This 2,057.60 sq. ft. leasehold property is strategically located at the major intersection of McVean Drive and Mayfield Road, ensuring maximum visibility, accessibility, and exposure to consistent traffic. This property is not a business for sale - it is a fully operational commercial space with an established, long-term tenant. Investors will benefit from assured rental income from day one, offering a secure and stable return. The tenant has a proven track record of timely payments, providing peace of mind and eliminating common leasing uncertainties. The property is part of a thriving commercial plaza that serves the local community with a mix of shops and services. All units in the plaza are operational, creating a lively, attractive environment that draws regular foot traffic. Its location at a busy intersection further enhances visibility, making it ideal for tenants and ensuring the property remains highly desirable in the market. This is a turnkey investment opportunity, perfectly suited for investors seeking a reliable, long-term asset with minimal management hassle. The property's strong location fundamentals, stable tenant profile, and continuous cash flow make it a rare find in the Brampton-Caledon corridor. McVean Drive & Mayfield Road - high-traffic commercial hub. Tenant: Long-term, reliable, providing guaranteed rental income. Plaza: Fully operational with multiple shops serving the local community. Investment: Ideal for long-term, secure returns; turnkey and low-risk. Don't miss this opportunity to own a commercial property at one of the most sought-after corners in Brampton. Whether you are a seasoned investor or a new entrant, it offers both stability and growth potential in a prime location.

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 8 - 11655 MCVEAN DRIVE