Brampton avg price $886,865 (-4.1% y/y)Sales 440 in August 2026 (+3.8% y/y)Detached avg $1,020,556Semi avg $774,246Townhouse avg $731,389Condo apt avg $434,457BoC policy rate 2.25%Prime 4.45%5-yr posted 6.09%Avg 2-bed rent (CMHC) $2,025
Home / Growth areas / Shoppers World Redevelopment (RioCan)
South-central Brampton (Hurontario/Main & Steeles)

Shoppers World Redevelopment (RioCan)

RioCan plans to replace the Shoppers World mall at 499 Main Street South with a mixed-use neighbourhood of new streets, eight mixed-use blocks and a park. Phasing depends on existing tenant leases, starting at the southwest corner.

Planned
At a glance

Scale & transit

Planned scale

About 5,000 homes on 58 acres, buildings 3-28 storeys

Transit

Adjacent to Brampton Gateway Terminal (Hazel McCallion LRT northern terminus)

Timeline

Key milestones

2019Proposal submitted to City (October)
2020Statutory public meeting (January)
2040Target full build-out (25-30 year horizon)

Sources

Plans, timelines and targets are set by the City of Brampton, Region of Peel, Metrolinx and the Province and can change.

Talk to a Brampton broker

Thinking about Shoppers World Redevelopment (RioCan)?

Sandeep Pawar tracks the approvals, transit and builder launches in Brampton growth areas and can tell you what is available today.

Call 647-569-9991WhatsApp SandeepEmail