3 Bedroom
2 Bathroom
1,100 - 1,500 ft2
Bungalow
None
Forced Air
$3,580,000
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:61594)
Property Details
|
MLS® Number
|
W13221586 |
|
Property Type
|
Single Family |
|
Community Name
|
Queen Street Corridor |
|
Parking Space Total
|
8 |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
2 |
|
Bedrooms Below Ground
|
1 |
|
Bedrooms Total
|
3 |
|
Architectural Style
|
Bungalow |
|
Basement Development
|
Partially Finished |
|
Basement Type
|
N/a (partially Finished) |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Unknown |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
1,100 - 1,500 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
118 Ft |
|
Size Frontage
|
60 Ft |
|
Size Irregular
|
60 X 118 Ft ; Corner |
|
Size Total Text
|
60 X 118 Ft ; Corner|under 1/2 Acre |
|
Zoning Description
|
Single Family Residential |
https://www.realtor.ca/real-estate/29832930/16-centre-street-n-brampton-queen-street-corridor-queen-street-corridor
