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Renanza Realty
For sale

281 MAIN STREET N

Brampton (Downtown Brampton), Ontario

MLS® W13853896

$1,249,000

Status
Active
Property type
Retail
MLS® number
W13853896
Bedrooms
—
Bathrooms
2
Year built
—

Listing description

CORNER LOT, MAJOR TRANSIT STATION AREA, OFFICIAL PLAN DESIGNATED - MIXED USE PROPERTY (INCLUDING RESIDENTIAL) Live & Work Opportunity; Residential/Commercial Mixed Use Building available on the most desirable street in Brampton with excellent location. Building Parking Lot with 6 Parkings in the Back Yard has three accesses; One from Main St N and Two from Lorne Avenue. Ground Floor is Commercial or Industrial & 2nd Floor is Residential Usage as per Zonig By-Law.

Many more commercial usages available via CMU3 (Commercial Mix Use 3) Zoning (Please refer the "other Property Information" attachment for more details on the top of the MLS listing) and DPS (Development Permit System) to bring any new Future Proposal. More Usages ; Art Gallery; Bed & Breakfast; Children's or Seniors Activity Centre; Commercial School; Community Club; Custom Workshop; Day Nursery; Dining Room Restaurant; Hotel; Medical Office; Personal Service Shop; Religious Institute; Service Shop; Alternate School Use and Adult Learning Centers; Multiple Residential Dwelling; Duplex Dwelling; Street Townhouse. Laundry in the Partially Finished Basement.

Property is Currently Fully Leased. Steps aways from Brampton Go station, Algoma University, Gage Park, GoodLife Fitness Centre, No Frills, Shoppers Drug Mart, McDonalds, Wendy's, Tim Hortons, etc. 3 Br Apartment upstairs with a deck and separate entrance from the Parking Lot.

Minutes from Highway 410/407/401. Steps Away from the Highrise Twin Tower Project "Bristol Place - Solmar Development Corp." Great Development Potential For a Mixed Use Multi Storey Building .

Many Other Multi Storey Projects Coming in the Downtown Area **The City of Brampton is planning to extend the Hazel McCallion LRT (formerly Hurontario LRT) to Vodden Street. **The Etobicoke Creek Revitalization project, specifically the section from Vodden Street to Queen Street, is part of a larger initiative to improve flood protection and create new public spaces in Downtown Brampton. **

Property summary

MLS® number
W13853896
Property type
Retail
Size
1,754 sq ft
Land size
42.88 x 122.86 FT ; Corner Lot
Annual property taxes
$7,292.00
Parking
6 spaces
Days on market
8 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Lot features
Conservation/green belt

What would this home cost you?

Based on the $1,249,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,811 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of PONTIS REALTY INC., MISSISSAUGA.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.