16 Centre Street N, Brampton, ON L6V 1S7
Brampton, ON, L6V 1S7 · Queen Street Corridor
About this property
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.
Features & Amenities
- Basement: Partially Finished
- Garage: Detached
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Bungalow
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | Bungalow |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Basement | Partially Finished |
| Garage | Detached |
| Parking Spaces | 6 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $5,391 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Other
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow
- Construction Materials
- Brick
- Foundation Details
- Unknown
- Roof
- Asphalt Shingle
- Basement
- Partially Finished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
- Heating
- Yes
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 6
- Parking Total
- 8.00
- Parking Features
- Private
- Covered Spaces
- 2
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 118.00
- Lot Width
- 60.00
- Lot Irregularities
- Corner
- Lot Features
- Irregular Lot
Financial & Tax
- Tax Annual Amount
- $5,391
- Tax Year
- 2025
- Possession Type
- 30-59 days
- Possession Details
- 30/60/90
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 5
- Rooms Below Grade
- 2
- Rooms Total
- 7
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 2
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Peel
- Cross Street
- Queen St E/Centre St N
- Directions
- CENTRE ST N/ QUEEN ST E
- Special Designation
- Unknown
- Showing Requirements
- See Brokerage Remarks
Location
16 Centre Street N, Brampton, ON L6V 1S7, Brampton, ON, L6V 1S7