281 MAIN STREET N, Brampton (Downtown Brampton)

$1,249,000

For sale: Other

Other at 281 MAIN STREET N, Brampton (Downtown Brampton)
Property type
Commercial Retail
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® W13853896
Neighbourhood
Downtown Brampton

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.**

Sold data

Homes in Downtown Brampton — recent sold market

Homes in Downtown Brampton took a median of 31 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 49, across 84 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 63 days.

The median sale price was $654,500.

Homes sold for about 3.9% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 12% of sellers reduced their price before finding a buyer.

Median days to sell
31
Median sale price
$654,500
Sale-to-list ratio
96.1%
Sold above asking
8%

Based on 84 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Brampton (Downtown Brampton)

Brampton (Downtown Brampton) has 112 Fraser Institute–rated schools (86 elementary and 26 secondary), averaging 6.1/10.

Rated schools
112
Elementary
86
Secondary
26
Average rating
6.1 / 10

Top-rated schools in Brampton (Downtown Brampton)

  • Al-Ameen — elementary, BramptonFraser rating 10.0/10
  • Khalsa Community — elementary, BramptonFraser rating 10.0/10
  • Our Lady of Lourdes — elementary, BramptonFraser rating 8.6/10
  • Sainte-Jeanne-d'Arc — elementary, BramptonFraser rating 8.3/10
  • Sacred Heart — elementary, BramptonFraser rating 8.1/10
  • St Brigid — elementary, BramptonFraser rating 8.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 281 MAIN STREET N