Home with brick exterior material, street for 281 Main St, Brampton Ontario L6X 1N4
20 days on Market

281 Main St, Brampton, Ontario L6X 1N4

Other
-
2
~1754 sqft
$1,499,000
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Other
-
2
~1754 sqft

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Highlights

Property Estimate

Days on market20 days

Estimated valueNot available

Price/Sqft$854/sqft

Monthly cost

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+7

Properties sold*

$805K

Median sold price*

*Based on last 30 days

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 two accesses; from Main St N and from Lorne Avenue as well. 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 Details

StyleMulti-Use
View-
Age of property-
SqFt~1754 SqFt
Lot Size5,268 SqFt(122.86 x 42.88)
Parking Spaces6
MLS ®NumberW12318970
Community NameDowntown Brampton
Data SourceTRREB
Listing byBlue Brick Brokers Inc.

Features

Heating: Gas Forced Air Open
Cooling: Y
Basement: Y

Features

Lot size: 5,268 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Market Data - Downtown Brampton

Geo Zone Map ThumbnailDowntown Brampton

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

48 days

Compared to

2024

30 days

2023

20 days

2022

19 days

New Listings

Past 30 days

20 listings

Compared to

2024

28 listings

2023

27 listings

2022

30 listings

Units sold

Past 30 days

5 units

Compared to

2024

7 units

2023

15 units

2022

12 units

Median Sold Price

Past 30 days

$709,000

Compared to

2024

$805,000

2023

$895,000

2022

$787,450


Population and Demographics

Overview

Total population 9512
Average household income $111,799

Age (%)

0 to 19
18%
20 to 34
22%
35 to 49
20%
50 to 64
22%
65 and plus
18%

Household composition (%)

Single family
54%
Single person
39%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
77%
Punjabi (Panjabi)
5%
Portuguese
3%
Others
3%
Spanish
2%
Hindi
2%
Tagalog (Pilipino, Filipino)
2%
Urdu
1%

House tenancy (%)

Renters
53%
Owners
47%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget