57 Mill Street, Brampton, ON
Property Highlights
Welcome to this remarkable office located in the coveted neighborhood of Downtown Brampton. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $15 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 1 Bathroom
- Spacious lot size measured in Feet
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
LOCATION, LOCATION, LOCATION! Exclusive location in the heart of downtown Brampton across from the Go Station, known as "The Old Shoe Factory". High exposure/Unique Heritage designated building. The space comprises three individual/separate offices (13.11x11.6, 11.11x10.1 and 13.1x8.3) + a filing/storage room + coffee counter and 3 piece washroom. The tenants occupying the building are all AAA tenants, which will enhance your business. NET rents are $15.00/sq.ft. base rent + $9.00/sq.ft. for operating costs (TMI); $0.60 per square foot increase for additional years. In addition to the monthly rent, the tenant is responsible for their own hydro consumption. Tenant must also pay for signage (i.e.) "wood carved" (one time charge) and pylon (yearly) if space available (optional). Parking included in the monthly rent. Medical uses permitted (Base rent may have to be negotiated). Rentable area of 1,532 square feet is inclusive of 152 square feet of common area space.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 57 Mill Street N 309, Brampton, ON L6X 1T1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Brampton, ON
For a property listed at $15 in Brampton, the legal minimum down payment is $1 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. As this listing is in Brampton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $0.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.