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3 days on Market

8 Mill St, Brampton, Ontario L6X 1S6

Townhouse
4 + 1
4
- sqft
$1,399,999
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$14,000Cashback
Townhouse
4 + 1
4
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$6,012/mo

Tax Amount (2024)$4,600/yr

Days On Market3 days


Description

Welcome to 8 Mill St N, a rare investment opportunity in the heart of Downtown Brampton! This versatile multiplex property features four separate units, with two currently leased and two vacant, offering the flexibility to live in one unit while generating passive income from the others. Ideally situated within walking distance to public transportation, schools, and shopping centers, and just minutes from major highways, this property boasts an unbeatable location. Surrounded by billion-dollar developments and condo projects, the area is rapidly growing, making this a prime opportunity for future appreciation. Whether you're an investor or looking for a home that can also provide rental income, this rarely offered property is full of potential and not to be missed!


Property Details

Style2 1/2 Storey
View-
Age of property-
SqFt-
Lot Size3,222 SqFt(66.88 x 48.19)
Parking Spaces6
MLS ®NumberW12003499
Community NameDowntown Brampton
Data SourceTRREB
Listing byHOMELIFE/MIRACLE REALTY LTD

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

Main Floor

Family

0.00 x 0.00

Br

0.00 x 0.00

Kitchen

0.00 x 0.00


Features

Lot size: 3,222 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by HOMELIFE/MIRACLE REALTY LTD, Brokerage

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Population and Demographics

Overview

Total population 9512
Average household income $111,799

Age (%)

50 to 64
22%
20 to 34
22%
35 to 49
20%
65 and plus
18%
0 to 19
18%

Household composition (%)

Single family
54%
Single person
39%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
77%
Punjabi (Panjabi)
5%
Portuguese
3%
Others
3%
Spanish
2%
Hindi
2%
Tagalog (Pilipino, Filipino)
2%
Urdu
1%

House tenancy (%)

Renters
53%
Owners
47%

Schools and amenities

Estimated Budget