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PRIME REDEVELOPMENT OPPORTUNITY
DOWNTOWN BRAMPTON
7-23 QUEEN STREET WEST & 15-23 MAIN STREET SOUTH
RETAIL INVESTMENT GROUP
BRAD WALFORD
Sales Representative
Sales Associate
416 495 6241
[email protected]
SEAN COMISKEY
Sales Representative
Sales Associate
416 495 6215
[email protected]
w w w.c b r e.c a/r ig-sc-bw
CBRE LIMITED
2001 Sheppard Avenue East
Suite 300
Toronto, ON
416 494 0600
FOR SALE
7-23 QUEEN STREET WEST
15-23 MAIN STREET SOUTH
BRAMPTON, ON
CBRE Limited’s Retail Investment Group is excited to present this unique redevelopment
opportunity in downtown Brampton. Located on the south west corner of Main and Queen
S t r e e t , 1 5 - 2 3 M a i n S t r e e t S o u t h a n d 7 - 2 3 Q u e e n S t r e e t We s t , B r a m p t o n ( t h e “ P r o p e r t i e s ” )
are well positioned for an opportunist purchaser to acquire two underperforming assets
with tremendous upside.
T h e P r o p e r t i e s a r e a d j a c e n t t o B r a m p t o n’ s C i t y H a l l w h i c h
recently underwent a substantial 150,000 sq. ft. office expansion.
ASKING PRICE: $3,150,000
P R O P E R T Y D E TA I L S
|
7-23 QUEEN STREET WEST
LOT A R E A :
8,805 sq. ft.
F R O N TA G E :
113.85 ft.
T O TA L G F A :
8,273 sq. ft.
M A I N F LO O R :
5,105 sq. ft. (Commercial)
S E C O N D F LO O R :
3,168 sq. ft. (Residential)
B A S E M E N T:
1,050 sq. ft. (Not included in total GFA)
LEGAL DESCRIPTION:
PT LT 1 PL BR19 BRAMPTON AS IN VS314856; LT 4 PL BR19 BRAMPTON;
LANE PL BR19 BRAMPTON; BRAMPTON
ZONING:
DC1 (Central Area Mixed Use)
P R O P E R T Y D E TA I L S
|
15-23 MAIN STREET SOUTH
LOT A R E A :
7,844 sq. ft.
F R O N TA G E :
48 ft.
T O TA L G F A :
7,299 sq. ft.
M A I N F LO O R :
2,889 sq. ft. (Commercial)
S E C O N D / T H I R D F LO O R :
4,410 sq. ft. (Residential)
B A S E M E N T:
200 sq. ft. (Not included in total GFA)
LEGAL DESCRIPTION:
PT LT 1 PL BR2 BRAMPTON; PT LT 2 PL BR2 BRAMPTON PT 1 & 3 43R7457;
T/W RO56823; BRAMPTON
ZONING:
DC1 (Central Area Mixed Use)
FOR SALE
7-23 QUEEN STREET WEST
15-23 MAIN STREET SOUTH
BRAMPTON, ON
Z O N I N G I N F O R M AT I O N
(a) Commercial
(1) a retail establishment with or without outdoor display and sales pursuant to Section 28.2.2.(i), but which does not include a drive-through
facility.
(2) a grocery store or supermarket with or without outdoor display and sales pursuant to Section 28.2.3 (i), but which does not include a drivethrough facility
(3) a service shop but which does not include a drive-through facility
(4) a personal service shop but which does not include a drive-through facility, a body art and/or tattoo parlour or a massage or a body rub parlour
(5) a bank, trust company, or financial company but which does not include a drive-through facility
(6) an office
(7) a dry cleaning and laundry distribution station but which does not include a drive-through facility
(8) a laundromat but which does not include drive-through facility
(9) a parking lot
(10) a dining room restaurant, a convenience restaurant, a take-out restaurant, none of which shall include a drive-through facility
(11) a printing or copying establishment
(12) a commercial school
(13) a temporary open air market
(14) a place of commercial recreation
(15) a community club
(16) a health or fitness centre
(17) a theatre
(18) an art gallery or studio
(19) a hotel or motel
(20) an animal hospital
(21) an administrative office of any public authority
(b) Residential
(1) an apartment dwelling, provided that the portion of the floor area within the first storey within 6.0 metres of the streetline is used for commercial
purposes. Notwithstanding the above, entrances and lobbies associated in the area provided that no more than 30% of the wall facing the
street line is occupied by entrances or lobbies.
(c) Other
(1) a place of worship
(2) purposes accessory to the other permitted purposes
R E D E V E LO P M E N T N OT E S
• 3.5 Times Density
• Community Improvement Plan Incentives Available
• 15.5m Height Restrictions (3 storeys)
• Possible Development Charge Credits Available Upon Demolition
• No Parking Requirements
• Main Street Property “Listed” as Heritage (Not Designated)
QUEEN STREET
FOR MORE INFORMATION
PLEASE CONTACT:
* Sales Representative
MAIN STREET
Sean Comiskey*
Brad Walford*
Sales Associate
Sales Associate
416 495 6215
416 495 6241
[email protected]
[email protected]
CBRE Limited, Brokerage | 2001 Sheppard Avenue East | Suite 300 | Toronto, ON M2J 4Z8 | T 416 494 0600 | F 416 494 6435
April 2016. This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions
and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the
Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information
may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective
owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth