8 - 5 CHERRYCREST DRIVE, Brampton (Bram East)

$1,710,000

For sale: Other

Other at 8 - 5 CHERRYCREST DRIVE, Brampton (Bram East)
Property type
Commercial Retail
MLS®
MLS® W13838794
Neighbourhood
Bram East

A rare opportunity to own an end-unit retail space in one of Brampton East's most in-demand, centrally located plazas. End units here seldom come to market, and this one offers everything owner-operators and investors look for: excellent street visibility, ample on-site parking, and steady exposure to a dense, established residential neighborhood, with new development on the way. Versatile commercial zoning permits a wide range of uses, so you can run your own business or lease to a quality tenant. Seller financing is available for qualified buyers. Buy the property alone or together with the business. The established, profitable business currently operating in this unit is also offered for sale under a separate listing. Buyers may purchase the unit on its own, or buy both the property and the business together in one transaction.

Sold data

Homes in Bram East — recent sold market

Homes in Bram East took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 36, across 72 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.

The median sale price was $999,450.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 8% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$999,450
Sale-to-list ratio
96.3%
Sold above asking
14%

Based on 72 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Brampton (Bram East)

Brampton (Bram East) 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 (Bram East)

  • 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 - 5 CHERRYCREST DRIVE