416-955-0000
59 Bramalea Rd, Brampton, ON for Sale
Warehouse - FOR SALE
1/2
null | Request Cap Rate

59 Bramalea Rd
Brampton, ON L6T 2W4
Brampton East


HIGHLIGHTS

  • Redevelopment into a high-density, transit-oriented residential high-rise.
  • Transit-oriented residential high-rise. The site’s prime location is within a Major Transit Station Area (MTSA) backed by advanced
  • The Subject Property is rectangular in shape and has an area of approximately 1.01 hectares

OVERVIEW

Avison Young is exclusively managing the sale of 59 Bramalea Road for its redevelopment into a high-density, transit-oriented residential high-rise. The site’s prime location is within a Major Transit Station Area (MTSA) backed by advanced transit services. The Subject Property is rectangular in shape and has an area of approximately 1.01 hectares (2.50 acres), with a frontage of approximately 81.69 metres (268 feet) along Bramalea Road and 110.09 metres (361.19 feet) along East Drive. The Subject Property is currently improved by a one-storey primarily industrial warehousing, consisting of 35,000 square foot with significant holding income. The suggested re-development is tailored to harmonize with the current and anticipated surroundings, offering a cohesive urban boundary along Bramalea Road and East Drive. This is in alignment with the objectives for areas situated along a Regional Intensification Corridor, primary roadways, and within a Major Transit Station Area (MTSA). As the Bramalea Road Corridor undergoes transformation, the development aims to bolster the public space’s quality, unity, safety, ease of access, and overall appeal. At the same time, it ensures a smooth architectural transition in relation to ongoing or planned nearby projects. In essence, this redevelopment initiative is poised to support the City of Brampton’s density goals and urban development aspirations, encapsulating the Brampton 2040 Vision. As the City and Region adapt to projected growth, the opportunity would set to reinforce the urban framework set by the City and the Region.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

2

PARKING SPACES

35

LAND DETAILS

LAND ACRES

2.5

LAND SF

108,765

ZONING

M2

APN/PARCEL ID

211010002506501

ASK ABOUT THIS PROPERTY

Drew KoivuAvison YoungMore Info
416-955-0000

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Drew KoivuAvison YoungMore Info
416-955-0000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.