Business For Sale · Retail

71 & 72 - 11695 MCVEAN DRIVE, Brampton (Toronto Gore Rural Estate)

71 & 72 - 11695 MCVEAN DRIVE, Brampton (Toronto Gore Rural Estate), ON L6P4N5

$399,900 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

92%

About this property

PROFITABLE TURNKEY INDIAN RESTAURANT - PRIME BRAMPTON LOCATION!! Excellent opportunity to acquire a profitable, fully equipped and operating Indian restaurant in a prime Brampton location at Mayfield Rd. & McVean Dr. Approximately 2,674 sq. ft. across two units, with excellent visibility, ample parking, and strong exposure in a fully occupied plaza surrounded by established businesses and a growing residential community. Approx. rent: $15,000/month including TMI & HST. Rebranding is possible, subject to lease terms and approvals. Excellent potential for further growth through catering, delivery, extended hours, private events, and marketing. Bring your best offer! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$400K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$23K

Annual cash flow

$569

Cash-on-cash

0.47%

DSCR

1.03

Going-in cap

5.68%

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

99,622

Households

40,487

Median income

$77,000

Median age

42.5

Daytime population

121,109

5-yr growth

4.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 71 & 72 - 11695 MCVEAN DRIVE, Brampton (Toronto Gore Rural Estate).

NDA required
  • 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.