16 Centre Street, Brampton, ON L6V 1S7
$3,580,000
activeNEW
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.
Property Details
Single Family Home
Active
W13221586
3
2
1,100
June 6, 2026
Features & Amenities
Location
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16 Centre Street, Brampton, ON L6V 1S7
16 Centre Street, Brampton, ON L6V 1S7
Listing Information
Listing Information
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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9