499 Main St S Project Details
499 Main St S Condos introduces a whole new way of downtown Brampton living! This massive 58-acre master-planned community by RioCan REIT is set to transform the beloved Shoppers World Brampton into a vibrant, urban downtown hub. Situated at the iconic intersection of Main St S & Steeles Ave W, this multi-phase revitalization will feature a mix of high-rise, mid-rise, and townhome buildings, totaling over 4,880 residential units. With pricing anticipated to start from the mid-to-high $300’s, this development integrates a new road network, a 1.23-hectare central park, and a 20-minute walkable “high street” design, making it the most significant city-building project in Brampton’s history.
REGISTER TO GET PRICING FOR 499 Main St S
Reasons to Buy*
A NEW “DOWNTOWN” VISION & GROWTH
This is an exciting opportunity to purchase a home in a completely redeveloped urban ecosystem. The 58-acre site is evolving from a traditional mall into a complete neighborhood with tree-lined pedestrian avenues and public plazas. As Brampton continues to be one of Canada’s fastest-growing cities, the projected shortage of over 100,000 homes in the region by 2031 ensures sustained demand. Redevelopments of this magnitude historically anchor property values and experience aggressive capital appreciation as each phase is completed.
AAA TRANSIT & HURONTARIO LRT CONNECTIVITY
Known as a “Commuter’s Dream,” the site offers unparalleled regional connectivity. The community is adjacent to the Brampton Gateway Terminal, a key stop on the upcoming Hurontario LRT. This 18km rapid transit line will feature 19 stops, seamlessly connecting residents to Mississauga’s City Centre and Port Credit. Located less than 10 minutes from the Brampton GO Station, providing direct rail and bus access to Union Station via the Kitchener GO line. Perfectly located for all travel needs, residents are just moments from Highways 410, 407, and 401.
INSTITUTIONAL STRENGTH: SHERIDAN COLLEGE
The proximity to major educational and retail hubs provides a secure investment “moat”. Just 5 minutes away, this is Sheridan’s largest campus, home to over 12,000 students. The recent opening of a brand-new 130,000 sq. ft. facility ensures a steady and high-velocity rental market for faculty and students. Located only 10 minutes away, it features over 300 stores and services for a world-class shopping experience.
LOCATION, LOCATION, LOCATION
Sitting at the nexus of Brampton’s “Uptown Core,” residents enjoy a “walk-to-everything” lifestyle. The site devotes an entire block to a 1.23-hectare park that complements the adjacent Kaneff Park, creating a seamless green corridor. The redevelopment will increase retail space to over 80,000 square metres, ensuring that everyday shopping, diverse dining, and essential services are all on-site.
REPUTABLE DEVELOPER: RIOCAN REIT
RioCan REIT is one of Canada’s largest and most trusted real estate investment trusts, with over 30 years of experience. Known for landmark projects like the Yonge-Eglinton Centre and The Well, RioCan specializes in mixed-use, transit-oriented communities. Their commitment to innovation and community-focused design ensures that 499 Main St S will remain a premier residential destination for decades to come.
FAQ*
Unlike a single tower, 499 Main St S is a master-planned community. You are investing in an entire 58-acre transformation that replaces a traditional mall with a modern, high-density neighborhood featuring residential towers, a public library, office spaces, and a massive central park. This “city within a city” approach creates a self-sustained ecosystem that historically drives higher long-term resale value compared to standalone projects.
Yes, early registrants gain access to exclusive Platinum VIP Incentives designed to maximize ROI. These typically include Platinum VIP Pricing (the lowest price point available), Capped Development Levies, and Free Assignment Rights. Select early-bird packages may also include 1 year of Free Property Management and Leasing Services, a Free Lawyer Review of the Purchase Agreement, and Free Mortgage Arrangement Services. To secure the current VIP promotional package, please contact the My Investment Brokers team.
The Hurontario LRT (Hazel McCallion Line) is a transit “game-changer” for Brampton South. Properties located within a short walk of rapid transit terminals have historically outperformed the broader market in terms of capital appreciation. As the Brampton Gateway Terminal stop is integrated into the site, residents will have a direct, traffic-free connection to major employment hubs in Mississauga and the lakefront, making this address one of the most transit-future-proofed locations in the Peel Region.
499 Main St S Quick Facts*
Developer: RioCan REIT
Address: 499 Main St S, Brampton
Nearest Intersection: Main St S & Steeles Ave W
Pricing: Anticipated To Start From The Mid-To-High $300’s
Occupancy: Anticipated For 2023
Storeys / Suites: TBA
Suite Types: One Bedroom – Three Bedroom Suites
Suite Sizes: TBA
Maintenance Fees: TBA
Deposit Structure: TBA
Incentives: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Assignment, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements
Suite Features: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: TBA
MIB Incentives*
Developer Approved Platinum VIP Brokers
Absolute First Access to Pricing and Floorplans
The Very Best Incentives & Promotions
Extended Deposit Structure
Capped Development Levies
Right of Assignment
Free Lawyer Review of your Purchase Agreement
Free Mortgage Arrangements
