1/3031 - 227 VODDEN STREET E, Brampton (Madoc)
31 - 227 VODDEN STREET E, Brampton (Madoc), ON L6V1N2
$49,000 total
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Asset Class
Specialty
Size
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Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
93%
About this property
Hair Salon for Sale in a prime location at Centennial Mall. This established location has operated as a hair salon for over 30 years, offering excellent visibility, strong foot traffic and ample plaza parking. Situated in a busy commercial plaza surrounded by major retailers and businesses including Tim Hortons, Food Basics, Rexall, Church's Chicken, Planet Fitness and many more. Attractive rental terms with Net Rent of approximately $28 per sq. ft. plus approximately $24.25 per sq. ft. TMI. A 5-year renewal option is available, subject to landlord approval and existing lease terms. Excellent opportunity for an owner-operator or entrepreneur looking to establish or expand a salon business in a well-known, high-traffic Brampton location. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$226
Projected NOI
$3K
Annual cash flow
$518
Cash-on-cash
3.53%
DSCR
1.19
Going-in cap
6.60%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
127,633
Households
54,923
Median income
$71,000
Median age
41.3
Daytime population
206,533
5-yr growth
7.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 31 - 227 VODDEN STREET E, Brampton (Madoc).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.