281 MAIN STREET N, Brampton (Downtown Brampton), Ontario, L6X1N4
MLS: W12933068 | House (Freehold)
$1,349,000
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. (id:64974)
Quick Facts
- Property Type: House (Freehold)
- Bedrooms: 6 (3 above, 3 below)
- Bathrooms: 2
- Ownership: Freehold
- Attached: No
- Parking: 6.0 spaces (No Garage)
- Frontage: 44 ft (13.4 m)
Costs
- Annual Taxes: $7,292.00
Listing Provided by: RE/MAX PRESIDENT REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: Partially finished, N/A
- Appliances: All
Exterior & Construction
- Exterior: Brick
- Foundation: Concrete
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 44 ft (13.4 m)
Community & Neighbourhood
- Neighbourhood: Downtown Brampton
Listing Information
Listing History
MLS listing activity for 281 MAIN STREET N, Brampton (Downtown Brampton), Ontario, L6X1N4 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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281 MAIN STREET N, Brampton (Downtown Brampton), Ontario, L6X1N4