Home with brick exterior material, street for 8 Mill St, Brampton Ontario L6X 1S6
41 days on Market

8 Mill St, Brampton, Ontario L6X 1S6

Townhouse
4 + 1
4
- sqft
$1,399,999
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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 Market41 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 ®NumberW11899880
Community NameDowntown Brampton
Data SourceTRREB
Listing byHOMELIFE/MIRACLE REALTY LTD

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

Lower Floor

Kitchen

0.00 x 0.00

Br

0.00 x 0.00

Family

0.00 x 0.00


Features

Lot size: 3,222 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Dec 23, 2024
ListedActive
$1,399,999
41 days on market
history photo preview40
Listing by trreb®
Property listed by HOMELIFE/MIRACLE REALTY LTD, Brokerage

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Market Data - Downtown Brampton

Geo Zone Map ThumbnailDowntown Brampton

Balanced Market

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2024

220 days

2023

0 day

2022

5 days

New Listings

Past 30 days

5 listings

Compared to

2024

2 listings

2023

0 listing

2022

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

0 unit

2022

3 units

Median Sold Price

Past 30 days

$750,000

Compared to

2024

$2,100,000

2022

$960,000


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