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    For Sale - 281 Main Street, Brampton, Ontario

    Est payment $6,478/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Corner lot in downtown Brampton with major transit access.
    • Mixed-use building with commercial space and residential apartment.
    • Fully leased property generating strong rental income.
    • High exposure location with dual access for convenience.
    • Flexible zoning allows for various commercial and residential uses.




    Prime corner lot investment in the heart of downtown brampton within a major transit station area (mtsa). Official plan designated mixed use (including residential) and zoned cmu3 under the development permit system (dps), offering exceptional flexibility and future intensification potential. Live & work opportunity featuring a mixed-use building with commercial/industrial use on the ground floor and a 3-bedroom residential apartment on the second floor with separate entrance and private deck. Property is fully leased and currently generating strong income. Situated on the most desirable stretch of main street north with high exposure and dual access from main st n and lorne avenue. Rear parking lot accommodates 6 vehicles. Permitted uses under cmu3 zoning include a wide range of commercial, institutional, and residential uses such as medical office, restaurant, personal service shop, day nursery, art gallery, bed & breakfast, hotel, community use, multiple residential dwelling, duplex, townhouse and more. Steps to brampton go station, algoma university, gage park, major retail and amenities. Minutes to hwy 410, 407 & 401. Located near the upcoming bristol place twin towers by solmar development and within the planned hazel mccallion lrt extension corridor. Etobicoke creek revitalization project further enhances long-term value. Excellent holding property with income today and significant redevelopment upside tomorrow. And growth potential. Or make it more aggressive toward developers or calculate a cap rate line if you give me asking price. This one should attract serious investor attention
    Listing IDW12933068
    Address281 Main Street
    CityBrampton, Ontario
    Price$1,349,000
    Bed / Bath6 / 2 Full
    Style2-Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features NoneOwnership FreeholdBasement Partially FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Agency:  RE/MAX PRESIDENT REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    281 Main Street
    Brampton , Ontario
    6 2 $1,349,000
    Get more info