Homula Realty Brokerage
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45 Main Street N, Brampton, ON L6X 1M8

1 bath · Commercial Retail
$3,999,000

Nice business opportunity for an investment entrepreneur. A vacant commercial store + 5 rented apartments that bring in $7,030.00 per month gross. Located in the heart of a newly refurbished downtown hub. Roof is approximately 10 years old. Gas boiler is well maintained.

MLS number
W13488730
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
1
Postal code
L6X 1M8
Photos
6
Property tax
$12,500 / year
81days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St. Oscar Romero School
Dufferin-Peel CDSB
Secondary224 m4.0 / 10
40% met the standard · 1 of 6 measures
McHugh Public School
Peel DSB
Elementary574 m4.9 / 10
49% met the standard · 3 of 6 measures
St Mary Elementary School
Dufferin-Peel CDSB
Elementary449 m5.0 / 10
50% met the standard
Cardinal Leger Secondary School
Dufferin-Peel CDSB
Secondary725 m6.4 / 10
64% met the standard · 2 of 6 measures
Sir Winston Churchill Public School
Peel DSB
Elementary1.0 km2.9 / 10
29% met the standard
Ridgeview Public School
Peel DSB
Elementary1.4 km6.7 / 10
67% met the standard · 3 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 741 people.

$44,400Median household income
27.2%Own their home
23.5%Detached houses
53.6Median age
45.3%Born outside Canada
23.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35211289 — the few blocks around this address, home to 741 people. It describes the area, not this property.

741Population
50Average age
1.8Household size
$86,400Average household income
$44,400Median household income
27%Own their home
73%Rent
3%Condominiums
45%Born outside Canada
24%University degree
$1,060,000Average home value
24%Low income
97%Not in the labour force
30%Never married
$5,000 to $9,9991%
$10,000 to $14,9992%
$15,000 to $19,9993%
$20,000 to $24,99915%
$25,000 to $29,9996%
$30,000 to $34,9996%
$35,000 to $39,9995%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9995%
$60,000 to $69,9994%
$70,000 to $79,9993%
$80,000 to $89,9992%
$90,000 to $99,9992%
$100,000 and over21%
$100,000 to $124,9996%
$125,000 to $149,9993%
$150,000 to $199,9994%
$200,000 and over7%

Percentages are of the 505 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$799,800 · minimum here is $799,800
$17,706.71per month
Borrowed before insurance$3,199,200
Total borrowed$3,199,200
Interest over 25 years at 4.5%$2,112,812

If you rented it out

-$18,748.37per month out of pocket
Rent$0.00
Everything it costs to hold$18,748.37
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE. Listing data provided by the Toronto Regional Real Estate Board.