Brampton, ON · · MLS® W12831504Updated
$310,000
389 Main St N #1 is a 3-bathroom business in Brampton, listed for $310,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
This exceptional commercial opportunity is situated within a highly desirable plaza on approximately 2.55 acres of land. The established Portuguese bar and grill, founded in 2017, has built a strong reputation and offers excellent potential for conversion to Indian cuisine or other culinary concepts. Strategically positioned in the heart of Brampton at the intersection of Main Street and Vodden Street, the unit benefits from outstanding visibility and exposure. The premium location attracts substantial foot traffic and provides strong long-term growth potential. Surrounded by major highways, residential communities, commercial hubs, industrial zones, and retail corridors, the property is ideally situated to support a thriving restaurant business. The premises consist of 2,250 sq. ft. within a two-story plaza, including a 640 sq. ft. commercial kitchen. The dining area accommodates 74 indoor seats and an outdoor patio with seating for 28 guests. Full dine-in, takeout, and catering services are offered. The unit includes three washrooms: two customer washrooms and one within the kitchen. The LCBO-licensed bar is crafted from oakwood and features a marble countertop measuring 31' x 2', serving as a focal point of the dining area and a strong revenue generator. This renovated corner unit provides excellent loading capabilities and features high clear height, an efficient layout, full sprinkler coverage, freehold ownership, and a detached structure on both sides. Customers benefit from access to both front and rear parking areas. Zoned Service Commercial SC 3285, the property offers flexibility for commercial use. The plaza provides grass cutting, watering, and snow removal. As a freehold unit, there are no condominium fees. The rear entrance allows convenient catering pickups and deliveries. Parking includes four designated front spaces, 40 shared spaces, over 150 additional spaces behind the building, and three reserved spaces.
Brampton business priced at $310,000 — book a tour to see if it fits your search.
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Closed sales on the TRREB MLS®.
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Listing brokerage: HOMELIFE/MIRACLE REALTY LTD, BrokerageMLS® W12831504 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 1,921 sales from Aug 5 – Nov 3, 2026 (1,391 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
389 Main St N #1 is listed at $310,000 (MLS® W12831504). Summitly updates the price as soon as the MLS® record changes.
Yes — it was first listed at $355,000 and is now $310,000, a drop of $45,000 (12.7%).
389 Main St N #1 has 3 bathrooms. It is a commercial property in Brampton.
Its asking price of $310,000 is about 63% below the median sold price in Brampton over the last 90 days, $830,000, across 1,921 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 389 Main St N #1 on record from the last two years. Older records aren't shown under TRREB rules.
389 Main St N #1 is in Brampton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
247 days — 389 Main St N #1 was listed on March 1, 2026.
About $3,125 in Ontario land transfer tax at the asking price of $310,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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The listing for 389 Main St N #1 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Brampton.
The listing for 389 Main St N #1 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
