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83 Wilson Av - Approved 9-storey Mid-Rise, Downtown Brampton
0.4 Acres of Commercial Land Offered at $5,880,000 CAD in Brampton, ON L6V 1E5
Investment Highlights
- Approved Development
- High Traffic area, 11 min to GO
- Potential to increase the density
Executive Summary
Council-Approved Zoning By-Law For A 9-Storey,
82-Unit Mid-Rise Residential Building With A
Gross Floor Area (GFA) Of 73,916 SF,
4.30 FSI (Net).
Regional Council Has Approved Official Plan Policies To Increase Densities For This Site Due To Its Superior Location In The City Of Brampton's Urban Growth Centre And Recently The City Of Brampton Council Has Approved A Resolution To Permit High-Rise Height And Density In The Urban Growth Centre.
The Site Is Positioned To Take Advantage Of This City Initiated Policy And Zoning Work. Potential to get a committee of adjustment to approve a 17-Storey Building with 150-Unit, 128,286 Sf, 7.87 FSI (Net). Architectural Plans Are based on the attached OP allowing for high-rise mixed use.
Property Facts
Price | $5,880,000 CAD | Property Type | Land |
Sale Type | Investment or Owner User | Property Subtype | Commercial |
No. Lots | 1 | Total Lot Size | 0.40 AC |
Price | $5,880,000 CAD |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 0.40 AC |
1 Lot Available
Lot
Price | $5,880,000 CAD | Lot Size | 0.40 AC |
Price Per AC | $14,700,000 CAD |
Price | $5,880,000 CAD |
Price Per AC | $14,700,000 CAD |
Lot Size | 0.40 AC |
Approved 82 residential units consisting of: * 44 one-bedroom units; * 34 two-bedroom units; * 4 three-bedroom units;
Description
Council-Approved Zoning By-Law For A 9-Storey, 82-Unit Mid-Rise Residential Building With A Gross Floor Area (GFA) Of 73,916 SF, 4.30 FSI (Net). Regional Council Has Approved Official Plan Policies To Increase Densities For This Site Due To Its Superior Location In The City Of Brampton's Urban Growth Centre And Recently The City Of Brampton Council Has Approved A Resolution To Permit High-Rise Height And Density In The Urban Growth Centre. The Site Is Positioned To Take Advantage Of This City Initiated Policy And Zoning Work. Potential to get a committee of adjustment to approve a 17-Storey Building with 150-Unit, 128,286 Sf, 7.87 FSI (Net). Architectural Plans Are based on the attached OP allowing for high-rise mixed use.
Presented by
83 Wilson Av - Approved 9-storey Mid-Rise, Downtown Brampton
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