$999,000Asking Price
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
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
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 3-Piece Bathroom on Main Floor | ||||
| 1 3-Piece Bathroom | ||||
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Downtown Brampton, Brampton is a west GTA neighbourhood notable for its singles, renters, executives, education, law & public sector professionals and salespeople. Residents tend to be older with a significant number of adults aged 30 to 34, 30 to 34, 30 to 34 and 30 to 34 and seniors aged 65 to 74.
Kids Per Family
1.0
kids per family
in the neighbourhood.
57%
of residents are
single and loving it.
57% singles
Brampton (42%)
58%
of residents
are renters.
58% renters
Brampton (20%)
27%
of residents are
university grads.
27% university grads
Brampton (34%)Average Household Income
$83K
is the average household
income in the neighbourhood.
Professions
| Sales | 15% |
| Business | 11% |
| Trades | 9% |
| Government | 7% |
| Management | 6% |
37%
of residents were
born outside of Canada.
37% immigrants
Brampton (55%)6.7% from Caribbean
All-time
2.2% from India
Recent
Foreign Languages
| Portuguese | 3% |
| Spanish | 2% |
| Punjabi | 2% |
| Tagalog | 1% |
| French | 1% |
Religions
| Christian | 73% |
| Hindu | 3% |
| Muslim | 2% |
| Sikh | 2% |