16, Centre, Queen Street Corridor, Brampton, Residential Freehold
- 3 beds |
- 2 baths |
- 1100-1500 SQFT
Description
Residential Freehold Detached For Sale.
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.
Interior Features: Other
Lot Features: Irregular Lot
Cross Street: Queen St E/Centre St N
Direction Faces: East
Key Facts
- Days on: 16 days
- Mls Status: New
- Board Property Type: Free
- Bedrooms Total: 3
- Bedrooms Below Grade: 1
- Bedrooms Above Grade: 2
- Bathrooms Total Integer: 2
- Lot Width: 60.00
- Kitchens Total: 2
- Parking Total: 8
- Parking Spaces: 6
- Parking Features: Private
- Garage Type: Detached
- Heat Source: Gas
- Heat Type: Forced Air
- Cooling: None
- Living Area Range: 1100-1500 Square Feet
Location 16, Centre, Queen Street Corridor, Brampton
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