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$3,580,000
Available - For Sale
Listing ID: W13221586
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.
Price $3,580,000
Taxes: $5,390.89
Occupancy by: Tenant
Address: 16 Centre Street North , Brampton, L6V 1S7, Peel
Acreage: < .50
Directions/Cross Streets: Queen St E/Centre St N
Rooms: 5
Rooms +: 2
Bedrooms: 2
Bedrooms +: 1
Washrooms: 2
Family Room: F
Basement: Partially Fi
No. of Pieces Level
Washroom 1:  4 Upper
Washroom 2:  3 Lower
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Upper
Washroom 7:  3 Lower
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Upper
Washroom 12:  3 Lower
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Property Type: Detached
Style: Bungalow
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 6
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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HOMELIFE NEW WORLD REALTY INC.

16 Centre Street North , Brampton, L6V 1S7, Peel

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Freehold - Detached
Area: Peel
Municipality: Brampton
Neighbourhood: Queen Street Corridor
Style: Bungalow
Lot Size: x 118.00(Feet)
Approximate Age:
Tax: $5,390.89
Maintenance Fee: $0
Beds: 2+1
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908