$2,950,000
FOR SALE

Commercial/Retail

Lot: 56.35 x 155.63 ftTotal Area: 8,721 ft2
2023 Taxes: $18,781.93

247 Main St N
Brampton, ON L6X 1N3 | Downtown Brampton | Peel

Must Be Purchased Together With 249 Main St. N Brampton, ON; Which Is Listed Separately as W8268658 . A Pre Concept Plan of 5 Storey New Building of 249 Main St N, Brampton, ON Is as Attached at the Top of This Listing with Schedules. This Could be for Higher Building As Per The City Of Brampton Wants High Density Requirements in The Area. A Unique Opportunity For Builders, Investors To Own A Heritage Designation Five Plex Residential Building available on the Main Street N in Brampton Downtown location And To Build a High Rise Building Just a Block Away From Solmar Development (Bristol Place Condos) on an approximately 14000 sq ft of the Rear Yard Land of Both The Properties . Steps aways from Brampton Go station, Algoma University and all other amenities. Many more commercial 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 are also available via CMU3/DPS Zoning By-Law. Owned Tankless Hot Water Tank; New Furnace 2023; Refurbish AC 2023; 9" Ceiling on Main & 2nd Floors; Basement Can Be Converted To Residential Dwelling; Presently Under Full Renovation For 5 Rooms, Each Room Have a Seperate Exhaust Fan. Seperate Legal Dig Down Entrance From The Rear Of The Property. Basement Has a Huge Scope of More Potential Income; Long Term Tenants In The Building, Presently Wellness Clinic at Main Floor; 5 Commercial Tenants at 2nd Floor and 1 Tenant In the Attic Area. Great Existing Rental Income. Around 15 Parking Spots at Front & Back Of The Building. Must View Property.
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Listed By TEAM ALLIANCE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W8268662
Last Updated May 08, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
PIN 141220153
Legal Description PT LT 112 PL BR-8 BRAMPTON; PT LT 113 PL BR-8 BRAMPTON PTS 3, 5, 7 & 8, 43R5785; S/T RO467976; T/W RO800092 ; BRAMPTON
Occupancy Own+Ten
Possession Date Immidiately
Taxes (2023) $18,781.93
Tax Type Annual
Directions/Cross Streets Main St. N & Rosedale Ave. W
Neighbourhood Downtown Brampton
Area Peel
Price History

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Detailed Information
Freestanding Y
Lot 56.35 x 155.63 ft
Retail Area 1,500 ft2
Office/Apt Area 1,830 ft2
Total Area 8,721 ft2
Elevator None
Air Conditioning Y
Basement Y
Garage Type None
Heat Type Gas Forced Air Open
Sprinklers N
Sewers San+Storm
Utilities A
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning CRC; CMU3(DPS)ZONED COMMERCIAL MIXED USE
Seller Property Info Statement N

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