281 Main Street

Brampton L6X 1N4

$999,000

About the Property

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

Extra info

Na

Property Details

Property Type:

Detached

House Style:

2-Storey

Bathrooms:

2

Land Size:

44.00 x 120.00 FT

Parking Places:

6

Fireplace:

N

Heating Fuel:

Gas

Cross Street:

Main St. N And Vodden St. E

Basement:

Partially Finished

Annual Property Taxes:

$7,292.00

Status:

For Sale

Bedrooms:

3 + 3

Total Parking Spaces:

6

A/C Type:

Central Air

Garage Spaces:

Heating Type:

Forced Air

Pool Type:

None

Exterior:

Brick

Fronting On:

North

Front Footage:

44

Listing ID:

W12794210

Harpreet Rakhra

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    Room Details

    Price History

    Date

    17th February 2026

    Event

    Listed For Sale

    Price

    $999,000

    Time On Market

    1 day

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    Harpreet Rakhra

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