$1/mo - 30 Melanie Drive, Brampton
Commercial for Rent in Brampton
34 days on marketNeighbourhood: Steeles Industrial
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- MLS Number
- W13741354
- Property Type
- Commercial
- Status
- active
- Days on Site
- 34
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 35,000 sqft
- Neighbourhood
- Brampton
- Taxes (2026)
- $93,745
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Multi-Tenant Investment Property with re-development potential at the corner of Melanie Dr. and Steeles Avenue East. The ~35,000 square foot building is comprised of Ground Floor space of 28,000 sq.ft. +/- and Second Floor space of 7,000 sq.ft. +/- (vacant). Property has Excellent Curb Appeal! Functional layout with Steeles Ave East street frontage in a Prime Retail Commercial and Transportation Corridor. Situated in a highly sought-after, established employment pocket in Brampton the site is located 8.3 Km from Pearson International Airport. Neighbour to the Bramalea GO: Located just to the West along Steeles, offering effortless commuter access across the GTA. Rapid Transit System as well to Brampton Transit and Züm rapid bus routes. Highway Proximity: access to Highways 410, 407, and the 401, streamlining logistics and employee commutes. An Architect redevelopment concept has been designed for a 93 unit hotel on top of existing structure as per plans submitted to the City of Brampton for a pre application consultation. A complete development application required to pursue approvals and permits. A pre application report from the City of Brampton has been received and is available. Corner property with frontage both on Melanie Dr and Steeles Ave East. Two land parcels Rear parcel of the property has a 15' +/- right of way in favour of the adjacent property owner subject to restrictions. Zoning: Permits a range of Industrial and Non Industrial Retail Uses including restaurants and banquet halls. Buyer Agent to confirm Permitted Uses. Zoning: M1-2582. Main Floor is leased with net rents averaging approximately $25 per square foot (estimated figure) to be confirmed during Buyer Due Diligence Period (subject to adjustment). The List Price of this property for one dollar does not legally require the seller to sell it for that price, as it is considered an "invitation to treat" rather than a binding offer. The property is being sold via a competitive bidding process.
Discover Steeles Industrial
Steeles Industrial is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Steeles Industrial
- •Convenient location in Brampton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Steeles Industrial offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
30 Melanie Drive, 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
Commercial property values in Brampton are driven by location, zoning, current tenancy, and income potential — not the same $/sqft benchmarks as residential. I'll run a proper comparable sales analysis using recent commercial transactions in this area.
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 34-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.