16 Centre Street
Queen Street Corridor, Brampton, L6V 1S7
FOR SALE
$3,580,000
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2 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 2
ROOMSW13221586
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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.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2017-02-03 | 2017-04-24 | 80 | $799,900 | $825,000 |
Nearby Intersections
Property Features
Other, Private, Irregular Lot
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Property Details
Address
16 Centre Street
Community
City
Postal Code
L6V 1S7
Property Type
Detached, Detached
Zoning
Single Family Residential
Lot Size
60' x 118'
Taxes
$5,391 (2025
Basement
Partially Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
Detached
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Listing contracted with Homelife New World Realty Inc.
Life moves a little slower here - and honestly? That's the whole point. Nestled in one of Brampton's most peaceful neighbourhoods, this Heart Lake North gem backs directly onto the lake, offering the kind of stillness you didn't know you were missing. We're talking 5 bedrooms. A 4-car garage. Over 4,000 sq ft. The lake and green spaces right at your doorstep. Loads of potential This isn't just a home - it's a lifestyle upgrade for the family that's done settling.
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