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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 155 days

    Unit 8 — 11655 MCVEAN Drive

    Toronto Gore Rural Estate·Brampton, ON··

    • 2057.6 sqft
    Brampton real estate›W12804630
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    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.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Feb 20, 2026ListedCurrentFor sale$2,551,000 —W12804630This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      Gas Forced Air Closed
      Air conditioning
      Yes
      Water source
      Municipal
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 8 — 11655 MCVEAN Drive
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $12,532
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $0
    0.00% mill rate · ON
    The market

    How this home sits in the Brampton market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Brampton market right now

    Average sold price, days on market, and closed-transaction count for Brampton — sourced from MLS®.

    • Avg sold price
      $889,320
      Last 30 days
    • Median sold price
      $841,000
      Middle of the market
    • Days on market
      28 d
      Avg from list to close
    • Closed last 30d
      1,354
      MLS® transactions
    Full Brampton market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 8 — 11655 MCVEAN Drive — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 8 — 11655 MCVEAN Drive and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 8 — 11655 MCVEAN Drive listed for?

      Unit 8 — 11655 MCVEAN Drive is listed at $2,551,000 on the MLS® (listing W12804630). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 8 — 11655 MCVEAN Drive have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. Commercial Retail
  2. Asking
    $2,551,000
    $1240 / sqft · MLS® W12804630
    Chat Zara
  3. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $889,320
    $818,174Confidence range$960,466
    Asking vs estimate
    ↑↑well-above
    +$1,661,680
    (+186.8%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Brampton sell in about 28 days — this one has been listed 155 days.

    Avg sold price
    $889,320
    Median sold
    $841,000
    Avg days on market
    28
    Recently sold
    1354
    See comparable sales
    AI highlights by Zara
    • Prime Leasehold Property for Sale - 2,057.60 Sq.
    • Ft. with Guaranteed Long Term Rental Income.
    • 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.
    Ask Zara a follow-up

    Parking & garage

    1
    Garage
    Public
  4. Lot & land

    1
    Zoning
    Commercial Retail
  5. Listing & possession

    3
    Possession
    2026-03-01T00:00:00.000-00:00
    Property style
    Commercial Condo
    Property class
    Commercial Retail
  6. Combined estimate
    $12,532
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $12,532
    /mo
    based on the purchase price of $2,551,000
    $510,200 cash
    $2,040,800 financed
    $1,718,889 total interest
    Monthly payment$12,532/ month
    Principal54%$2,040,800
    Interest46%$1,718,889

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    More commercial retails in Brampton

    Active listings within ±20% of this asking price.

    • 6461 Mayfield Road
      $2,999,800
      6461 Mayfield Road
      Commercial Retail 3
    • 6101 Mayfield Road
      $2,551,000
      6101 Mayfield Road
      Commercial Retail
    • 2260 Bovaird Drive
      $2,498,600
      2260 Bovaird Drive
      Commercial Retail
    • 253 Summerlea Road
      $2,670,800
      253 Summerlea Road
      Commercial Retail
    • 2084 Steeles Avenue
      $2,399,000
      2084 Steeles Avenue
      Commercial Retail
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  7. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  8. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  9. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  10. Public listing courtesy of RE/MAX GOLD REALTY INC. · displayed on Summitly per MLS® data-share rules

    Unit 8 — 11655 MCVEAN Drive is a 2057.6 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  11. When was Unit 8 — 11655 MCVEAN Drive built?

    The year built for Unit 8 — 11655 MCVEAN Drive isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  12. What is the property tax for Unit 8 — 11655 MCVEAN Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 8 — 11655 MCVEAN Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  13. How much would the monthly mortgage be on Unit 8 — 11655 MCVEAN Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $2,551,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  14. Has Unit 8 — 11655 MCVEAN Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 8 — 11655 MCVEAN Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  15. What neighbourhood is Unit 8 — 11655 MCVEAN Drive in?

    Unit 8 — 11655 MCVEAN Drive is in Toronto Gore Rural Estate, Brampton. The 'Neighbourhood' section below links to the live Brampton real estate hub with average sold price, days on market, and current inventory.

  16. Is Brampton a good place to live?

    Brampton is one of ON's actively-tracked Summitly markets. The full Brampton real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.