281 Main Street N in Brampton: Downtown Brampton Commercial for sale : MLS®# W13444494
Looking for a commercial residential for sale? These mixed-use properties offer flexibility and income potential, blending business space with residential living. Whether you’re an investor, entrepreneur, or buyer seeking passive income, commercial-residential real estate presents excellent long-term value.
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 Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
1754 sq. ft. Square Feet
Total Area:
1,754 sq. ft.163 m2
Retail Area:
50 sq. ft. %
Office/Apt Area:
50 sq. ft. %
Lot Depth:
122'10"37.4 m
Lot Frontage:
42'10½"13.1 m
Lot Shape:
Rectangular
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
R1B; CMU3 (DPS); Resi. with Comm./Industrial. Unit
Heating type:
Gas Forced Air Open
Garage:
None
Parking Spaces:
6
Trailer Parking Spots:
0
Possession Details:
Immidiate Vacent Possession Possible; Multi Tenanted Property
Lot Irregularities:
Corner Lot
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$7,292 /
2026
Assessment:
$- /
-
Peel
Brampton
Downtown Brampton
Greenbelt/Conservation, Public Transit
No
All Existing Appliances, ELF And Window Coverings. 6 + 4 extra Surface Parking Spaces at the back/front of the building.
• Dual Income Potential – Earn from both residential tenants and commercial leases • Ideal for Business Owners – Live and work in the same space or rent one out • High Demand in Urban Centers – Great appreciation in key GTA neighborhoods • Tax Benefits – Potential deductions for property taxes, mortgage interest, and depreciation
Explore Commercial Residential Across the GTA
From downtown Toronto storefronts with apartments above to suburban mixed-use lots, the GTA offers diverse opportunities. Consider locations like:
Hamilton & Durham – More affordable options with upside potential
Toronto Core – High foot traffic and visibility
Vaughan & Richmond Hill – Rapid suburban growth
Tips for Buying a Commercial Residential Property
Make sure to research zoning laws, expected rental yields, and property management needs. Consult professionals for financing, legal advice, and inspections.
Start Your Search for a Commercial Residential Property Today
Browse our listings to find a property that suits your investment goals or lifestyle. Whether you’re expanding a business or building long-term equity, now is the time to invest in this versatile property type.
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FAQs – Commercial Residential for Sale
1. What is a commercial residential property? It’s a mixed-use property that combines residential living space with commercial units, like retail or office.
2. Are these properties good investments? Yes. They offer dual income streams and strong appreciation in high-growth areas.
3. Can I live in the residential portion and rent the commercial part? Absolutely. Many owners choose to occupy one space and lease the other for income.
4. What financing options are available? You may need a commercial mortgage or mixed-use loan; rates and terms vary from traditional home loans.