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$ 999,000
Est. payment /mo
New
281 Main ST N Brampton, ON L6X 1N4
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Downtown Brampton
MLS Listing ID W12794210
Style 2-Storey
Bedrooms 6
Annual Tax Amount $7,292
Tax Year 2026
Property Sub-Type Detached
Property Description
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
Location
State ON
County Peel
Area Peel
Rooms
Family Room No
Basement Partially Finished
Kitchen 2
Separate Den/Office 3
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 44.0
Lot Depth 120.0
Total Parking Spaces 6
Building
Foundation Concrete
Others
ParcelsYN No
Listed by RE/MAX PRESIDENT REALTY
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