$3,580,000Asking Price
16 Centre Street N, Brampton, ON L6V 1S7
Queen Street Corridor, Brampton
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.
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.
See MoreKey Info
- Bungalow Detached
- 6-Car Driveway
- 2-Car Detached Garage
- Queen St E/Centre St N
- 1100-1500 Approximate Sq Feet
- 2 + 1 Kitchens
- Forced Air Gas Heating
- No A/C
Property
- Lot Size 60 x 118 Feet
- < .50 Acreage
- Brick Exterior
- Taxes were $5,390 in 2025
- Possession: 30/60/90
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #W13221586
- HOMELIFE NEW WORLD REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 4-Piece Bathroom on Upper | |||
| 1 3-Piece Bathroom on Lower | |||
How Far is Too Far?
See personalized commute details for each listing by adding your favourite places (like work or daycare) and mode of travel.
Sign up to see commute timesAlready signed up? Sign in
Who lives here?
Queen Street Corridor, Brampton is a west GTA neighbourhood notable for its singles, renters, salespeople and manufacturing workers. It has a higher than average population of immigrants from Jamaica. Residents tend to be older with a significant number of babies, kids aged 5 to 9 and adults aged 30 to 39.
Families
Kids Per Family
1.3
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
53%
of residents are
single and loving it.
53% singles
Brampton (42%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
63%
of residents
are renters.
63% renters
Brampton (20%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
30%
of residents are
university grads.
30% university grads
Brampton (34%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$72K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 15% |
| Trades | 11% |
| Business | 10% |
| Manufacturing | 7% |
| Sciences | 6% |
Immigrants
55%
of residents were
born outside of Canada.
55% immigrants
Brampton (55%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
15.1% from India
All-time
Birthplace - Recent
6.3% from India
Recent
Foreign Languages
Foreign Languages
| Punjabi | 6% |
| Urdu | 5% |
| Hindi | 3% |
| Spanish | 3% |
| Gujarati | 2% |
Religions
Religions
| Christian | 54% |
| Hindu | 14% |
| Muslim | 12% |
| Sikh | 5% |
| Buddhist | 1% |
