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$3,580,000
16 Centre St N
Brampton, ON L6V 1S7
16 Centre St N, Brampton — Listed at $3,580,000. 3 bedroom, 2 bathroom Bungalow Detached. MLS® W13221586.
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.
Property Details
Listing Courtesy of: HOMELIFE NEW WORLD REALTY INC.
MLS® #W13221586
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HouseIndex Take: 16 Centre Street N
This detached (Bungalow) is located in the Queen Street Corridor neighbourhood of Brampton.
The home offers 3+1 bedrooms, 2 bathrooms.
Features include a partially finished basement, 8 parking spaces including a 2-car garage.
Additional details: lot dimensions of 60 × 118 feet.
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About Brampton Real Estate
This Detached is located in the Queen Street Corridor community in Brampton. Brampton is a vibrant, multicultural city in Peel Region offering some of the GTA's most affordable detached homes. The city is investing heavily in transit with the Hurontario LRT and planned future GO stations. Mount Pleasant and Springdale are popular family neighbourhoods with newer builds, parks, and community centres. Detached homes in Brampton are in high demand among families seeking space, privacy, and long-term equity growth.