CBRE is offering a premier residential development site strategically located at the intersection of Centre Street North and Wilson Avenue in the heart of Brampton, Ontario. This ±0.42-acre parcel benefits from recent planning approvals and strong positioning within Brampton’s Central Area, which is recognized by the City’s Official Plan as a primary growth node. With a Zoning By-Law Amendment in place permitting R4A-3551 zoning, the site is primed for immediate residential intensification, offering purchasers the ability to advance development plans without delay.
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.