16 Centre Street N, Brampton, ON L6V 1S7, Brampton, ON
Bed 3
Bath 2
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 Highlights
For Sale
MLS NO.
W13221586
Type
Residential Freehold
Sub Type
Detached
Bedrooms
3
Bathrooms
2
Parking
8.0
Garage
Yes
Complete Property Details
Property Type
Residential Freehold
Sub Type
Detached
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
W13221586
Living Area Range
1100-1500
Total Bedrooms
3
Bedrooms Above Grade
2
Bedrooms Below Grade
1
Total Bathrooms
2
Total Kitchens
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Rooms Above Grade
5
Rooms Below Grade
2
Interior Features
Other
Fireplace
No
Central Vacuum Yn
No
Construction
Brick
Roof
Asphalt Shingle
Lot Width
60.0
Parking Features
Private
Parking Total
8.0
Covered Spaces
2.0
Garage Type
Detached
Garage
Yes
Pool
None
Direction Facing
East
Cooling
None
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
16 Centre Street N, Brampton, ON L6V 1S7
City
Brampton
Neighbourhood
Queen Street Corridor
County / Region
Peel
Province / State
ON
Postal Code
L6V 1S7
Cross Street
Queen St E/Centre St N
Directions
CENTRE ST N/ QUEEN ST E
Country
CA
List Price
$3,580,000
Annual Taxes
$5,391
Tax Year
2025
Legal Description
Plan Br5 Lot 45
Possession Type
30-59 days
Possession Details
30/60/90
Listing Office
HOMELIFE NEW WORLD REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2026-06-01T14:56:02Z
Media Updated
2026-06-01T14:56:03Z
Photos Updated
2026-06-01T14:56:03Z
Last Modified
2026-07-03T15:01:06Z
System Modified
2026-07-06T21:43:03.523835Z
MLS Status
Terminated
Architectural Style
Bungalow
Basement
Partially Finished
Board Property Type
Free
Co List Office Name
HOMELIFE NEW WORLD REALTY INC.
Ddfyn
Yes
Expiration Date
2026-10-31
Foundation Details
Unknown
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Heating Yn
Yes
Hstapplication
Included In
Link Yn
No
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
141250049
Parking Spaces
6
Public Remarks
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.