For Sale

389 Main Street Unit# 1, Brampton, Ontario L6X 3P1

$355,000

389 Main Street Unit# 1, Brampton, Ontario L6X 3P1 is For Sale and has a listing price of 355,000. The property is located in the Brampton . It's been on the website for 5 Days.

  • Sale Of Business
    Property Type
  • 3
    Bathrooms
  • MLS ID: W12831504
  • Office Name HOMELIFE/MIRACLE REALTY LTD
Property Description

A Gold Mine Portuguese Restaurant Bar & Grill, established in 2017, is strategically located in the heart of Brampton at the intersection of Main Street and Vodden Street. The business is positioned within a high-density residential and commercial district, surrounded by thriving retail activity. With unobstructed frontage on Main Street, the unit benefits from exceptional visibility and consistent high-traffic exposure-an ideal opportunity for investors seeking strong income potential and long-term growth. The property also offers convenient access to major highways and sits directly across from a busy shopping centre featuring Shoppers Drug Mart, GoodLife Fitness, Giant Tiger, and additional national retailers. The premises total 2,250 sq. ft. within a two-storey plaza and include a 640 sq. ft. commercial kitchen, 74 indoor seats, and an outdoor patio accommodating 28 guests. The unit features three washrooms-two spacious customer washrooms and one located in the kitchen. A beautifully crafted oak-wood bar measuring 31′ x 2′ serves as a focal point of the dining area. The restaurant offers a full dine-in, take-out, and catering menu, is licensed by the LCBO, and can be converted to any cuisine concept, including Indian. Monthly rent is $7,191.00 (inclusive of HST and TMI). The current lease extends until July 31, 2026, with a 5+5 renewal option. Average monthly utilities are approximately $1,500. The unit features 15-foot clear height ceilings with sprinklers and is constructed with durable structural materials. A rear entrance provides convenient access for catering pickups and deliveries. Parking is abundant, with four designated spots at the front of the unit, an additional 40 shared front-lot spaces, and more than 150 additional parking spaces located behind the building. The business is competitively priced at $355,000. The equipment value alone is appraised at $224,150. Inventory is excluded from the sale price and will be calculated separately.

Property Details
  • MLS ID: W12831504
  • Bathrooms: 3
  • Price: $355,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: W12831504
  • Year Built: N/A
  • Dir / Cross St: Main St // Vodden St
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
03/01/2026 W12831504 $355,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Brampton
  • $1,096,021 Average List Price
    based on 1 year
  • 1,789 New Listings
    based on 30 days
  • 63 Median Days on Market
    based on 1 year
  • List vs. Selling Price 191.97 % Up
  • Sold (12mo) 3,448
  • Rented (12mo) 2,478

  • 1 Month Change -31.4%
  • 3 Month Change -36.2%
  • 6 Month Change -25.4%
Walkscore
Property Type Distribution
  • All Houses
    79.34%
  • Commercial
    4%
  • Condo
    16.64%
  • Land for Sale
    0.02%
  • Parking
Additional Details
  • Heat Type Gas Forced Air Open
  • Washroom Type1: 3
  • Garage Type Y
  • Parking Spaces: 194
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 01/03/2026 18:38:43
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