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$ 3,580,000
Est. payment /mo
New
16 Centre ST N Brampton, ON L6V 1S7
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Queen Street Corridor
MLS Listing ID W13221586
Style Bungalow
Bedrooms 3
Annual Tax Amount $5,390
Tax Year 2025
Property Sub-Type Detached
Property Description
Rare development opportunity in the heart of Downtown Brampton. This offering includes three adjoining properties being sold together as one land assembly: 14 Centre Street North, 16 Centre Street North, and 83 Wilson Avenue.The combined site has received Site Plan Approval for a 9-storey residential apartment building consisting of 82 residential units. The property may offer future intensification potential, subject to municipal approvals and purchaser due diligence.The three existing residential dwellings are currently tenanted and generate approximately $48,000 in annual rental income, providing interim holding income while development plans are advanced.Ideally located within close proximity to Downtown Brampton, GO Transit, public transportation, shopping, restaurants, and major commuter routes. An outstanding opportunity for developers, builders, and investors seeking a shovel-ready residential development site in one of Brampton's rapidly evolving urban corridors. Property Is Being Sold As Is.
Location
Province ON
County Peel
Area Peel
Rooms
Family Room No
Basement Partially Finished
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Other
Heating Yes
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 60.0
Lot Depth 118.0
Total Parking Spaces 8
Building
Lot Description Irregular Lot
Foundation Unknown
Others
ParcelsYN No
Listed by HOMELIFE NEW WORLD REALTY INC.