MLS#: W13221586Listed: 3 days agoUpdated:3 days ago
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. (id:63050)
Details
Details for 16 Centre Street, Brampton Queen Street Corridor, Ontario
Property Type
Single Family
Building Type
House
Storeys
1
Neighborhood
Queen Street Corridor
Land Size
60 x 118 FT ; Corner
Year Built
-
Annual Property Taxes
$5,391
Parking Type
Detached Garage, Garage
Inside
Appliances
-
Rooms
-
Bedrooms
3
Bathrooms
2
Fireplace
-
Fireplace Total
-
Basement
Partially finished, N/A
Building
Architecture Style
Bungalow
Direction
Cross Streets: Queen St E/Centre St N. ** Directions: CENTRE ST N/ QUEEN ST E.
Type of Dwelling
house
Roof
-
Exterior
Brick
Foundation
Unknown
Flooring
-
Land
Sewer
Sanitary sewer
Lot Size
60 x 118 FT ; Corner
Zoning
-
Zoning Description
Single Family Residential
Parking
Features
Detached Garage, Garage
Total Parking
8
Utilities
Cooling
None
Heating
Forced air, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-
Rooms
Rooms for 16 Centre Street, Brampton Queen Street Corridor, Ontario