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Home ON Greater Toronto Area Brampton Downtown
281 MAIN STREET N
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281 MAIN STREET N $999,000
$999,000
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281 MAIN STREET N
Brampton (Downtown Brampton), Ontario L6X1N4

MLS® Number: W12794210
3 + 3
Bedrooms
2
Bathrooms
1500 - 2000
Square Feet

Listing 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 (42162341)

Location Description

Main St. N And Vodden St. E

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2
Square Footage
1500 - 2000 sqft
Community Name
Downtown Brampton
Title
Freehold
Land Size
44 x 120 FT
Annual Property Taxes
$7,292
Parking Type
No Garage
Time on REALTOR.ca
9 days

Building

Bedrooms
Above Grade
3
Below Grade
3
Bathrooms
Total
2
Interior Features
Basement Type
Partially finished
Building Features
Foundation Type
Concrete
Style
Detached
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
6

Measurements

Square Footage
1500 - 2000 sqft

Land

Lot Features
Frontage
44 ft
Land Depth
120 ft
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