$259,000 - 180 Sandalwood Parkway Unit 8A, Brampton
Commercial for Sale in Brampton
33 days on marketNeighbourhood: Heart Lake
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- MLS Number
- W13747632
- Property Type
- Commercial
- Status
- active
- Days on Site
- 33
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 1,200 sqft
- Neighbourhood
- Brampton
- Listing Brokerage
- RE/MAX REALTY SERVICES INC.
An Exceptional Opportunity Awaits With This High-Performing And Profitable Restaurant Located In A Bustling Grade A Plaza At The Intersection Of Kennedy And Sandalwood In Brampton** Welcome To Caribbean Heat, A Well-Known Chinese-Caribbean-Halal Restaurant Boasting Impressive Annual Sales** This Remarkable, Fully Turn-Key Business Currently Operates With A Lean Team Of Just Two People, Delivering Strong Returns With Minimal Overhead** The Restaurant Operates During Highly Productive Hours, Making It Ideal For An Owner-Operator Or Family-Run Business** This True Gem Offers The Perfect Opportunity To Be Your Own Boss** No Franchise Fee! No Franchise Or Royalty Fees, Giving The New Owner Full Control And 100% Of The Profits!** All Equipment And Chattels Are Included In The Purchase Price**
Estimate your monthly payments for this property
Estimated Payment
$1,328.80/mo
Includes CMHC insurance ($7,226)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Nature at Your Doorstep
Heart Lake is a family-friendly neighbourhood in Brampton defined by its proximity to the Heart Lake Conservation Area. Residents enjoy unparalleled access to nature trails, fishing, and outdoor recreation while living in well-maintained suburban homes. The area provides a tranquil retreat from urban life without sacrificing essential amenities.
Why Live in Heart Lake
- •Adjacent to Heart Lake Conservation Area
- •Extensive hiking and nature trails
- •Family-oriented residential streets
- •Well-maintained parks and green spaces
- •Convenient shopping at Heart Lake Town Centre
Nearby Schools
Transit & Commuting
- •Brampton Transit bus routes
- •Highway 410 access nearby
- •Close to Brampton GO Station
- •30-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Heart Lake Conservation Area
- •Heart Lake Town Centre
- •Heart Lake Community Centre
- •Seasonal outdoor swimming and fishing
- •Multi-use trail network
Lifestyle & Community
Heart Lake offers a nature-focused lifestyle ideal for families who value outdoor recreation. Weekend hikes, lakeside picnics, and wildlife observation are part of daily life here, complemented by suburban convenience.
180 Sandalwood Parkway Unit 8A, Brampton
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $216/sqft, this is priced in the mid-range for GTA commercial space. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Commercial Market Pace
Commercial real estate transactions typically take 60–120 days from offer to close — longer than residential — due to financing conditions, environmental reports, and tenant estoppel reviews. This 33-day listing is within normal commercial market exposure.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Brampton transactions.