For sale30 Melanie Drive, Brampton, ON L6T 4L4
Brampton, ON L6T 4L4
About this property
Multi-Tenant Investment Property with re-development potential at the corner of Melanie Dr. and Steeles Avenue East. The ~35,000 square foot building is comprised of Ground Floor space of 28,000 sq.ft. +/- and Second Floor space of 7,000 sq.ft. +/- (vacant). Property has Excellent Curb Appeal! Functional layout with Steeles Ave East street frontage in a Prime Retail Commercial and Transportation Corridor. Situated in a highly sought-after, established employment pocket in Brampton the site is located 8.3 Km from Pearson International Airport. Neighbour to the Bramalea GO: Located just to the West along Steeles, offering effortless commuter access across the GTA. Rapid Transit System as well to Brampton Transit and Züm rapid bus routes. Highway Proximity: access to Highways 410, 407, and the 401, streamlining logistics and employee commutes. An Architect redevelopment concept has been designed for a 93 unit hotel on top of existing structure as per plans submitted to the City of Brampton for a pre application consultation. A complete development application required to pursue approvals and permits. A pre application report from the City of Brampton has been received and is available. Corner property with frontage both on Melanie Dr and Steeles Ave East. Two land parcels Rear parcel of the property has a 15' +/- right of way in favour of the adjacent property owner subject to restrictions. Zoning: Permits a range of Industrial and Non Industrial Retail Uses including restaurants and banquet halls. Buyer Agent to confirm Permitted Uses. Zoning: M1-2582. Main Floor is leased with net rents averaging approximately $25 per square foot (estimated figure) to be confirmed during Buyer Due Diligence Period (subject to adjustment). The List Price of this property for one dollar does not legally require the seller to sell it for that price, as it is considered an "invitation to treat" rather than a binding offer. The property is being sold via a competitive bidding process.
Property facts & features
- Days on market
- Not reported
- Property type
- Investment
- MLS® number
- W13741354
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 35000
- Neighbourhood
- Not provided
- Postal code
- L6T 4L4
- Garage
- None
- Lot depth (source units)
- 250
- Annual property tax
- 93745
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
- MLS entry age (not confirmed DOM)
- 60 days
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Rooms & virtual tours
Room-count details have not been supplied for this listing.
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Listing dates & price record
- Asking amount
- $1
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Explore active properties in Brampton →Listing brokerage: HARVEY KALLES REAL ESTATE LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® W13741354. Information deemed reliable but not guaranteed.