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16 Centre St N 0.42 Acres of Residential Land Offered at $3,500,000 CAD in Brampton, ON L6V 1S7



Investment Highlights
- Approved zoning permits the development of a 16-storey residential tower with 147 units.
- Steps from retail, dining, and wellness amenities including The Brick, Starbucks, and Peel Memorial Centre.
- Centrally located in Brampton’s high-growth Central Area with easy access to Highway 410 and Brampton GO Station.
- Flexible mixed-use permissions within the Official Plan supporting residential, office, and service uses.
Executive Summary
Current concept plans envision a 16-storey, 147-unit residential tower encompassing approximately 121,940 sq. ft. of gross floor area (GFA), delivering a high-density solution that aligns with market demand and Brampton’s ongoing urban evolution. The property fronts 113 ft. on Centre Street with a depth of ±160 ft. along Wilson Avenue, creating a high-visibility corner site ideal for multi-residential construction. Nearby amenities include Peel Memorial Centre for Health & Wellness, Kennedy Square Mall, vibrant retail, and major transit, while regional connectivity is provided via Highway 410, Highway 407, and Brampton GO Station.
This rare development opportunity positions investors to capitalize on the high-growth Brampton market, supported by strong demographics, established infrastructure, and future-forward planning directives. Asking price is $3,500,000.
Property Facts
| Price | $3,500,000 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units - Condo |
| No. Lots | 1 | Total Lot Size | 0.42 AC |
| Property Type | Land | ||
| Zoning | R4A - High-Rise Mixed Use | ||
| Price | $3,500,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.42 AC |
| Zoning | R4A - High-Rise Mixed Use |
1 Lot Available
Lot
| Price | $3,500,000 CAD | Lot Size | 0.42 AC |
| Price Per AC | $8,333,333.33 CAD |
| Price | $3,500,000 CAD |
| Price Per AC | $8,333,333.33 CAD |
| Lot Size | 0.42 AC |
Description
The property located at 14 & 16 Centre Street North and 83 Wilson Avenue in Brampton, Ontario, consists of approximately 0.42 acres within the City’s Central Area Mixed-Use designation. Current zoning under R4A-3551 allows for high-density residential development. Official and secondary plans support intensification and mixed-use growth, incorporating residential, office, retail, and institutional uses. A preliminary development concept provides for a 16-storey building with 147 units and a gross floor area of 121,940 sq. ft. The property has frontage on Centre Street North and Wilson Avenue and is in proximity to Brampton GO Station, Peel Memorial Centre for Health & Wellness, and major arterial roads including Queen Street and Highway 410.
Presented by
16 Centre St N
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