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$ 3,580,000
Est. payment | /mo
3 Beds
2 Baths
1,100 SqFt
$ 3,580,000
Est. payment | /mo
3 Beds
2 Baths
1,100 SqFt
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100 - 1500
Square Footage 1,100 sqft
Price per Sqft $3,254
Subdivision Queen Street Corridor
MLS® Listing ID W13221586
Style Bungalow
Bedrooms 3
Property Sub-Type Freehold
Property 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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Exterior
Parking Features Yes
View Y/N No
Attached Garage No
Total Parking Spaces 8
Garage Yes
Private Pool No
Building
Story 1
Sewer Sanitary sewer
Architectural Style Bungalow
Others
Ownership Freehold
Listed by HOMELIFE NEW WORLD REALTY INC.
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