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253 Queen St E

73,600 SF 100% Leased Retail Building Brampton, ON L6W 2B8 For Sale

Executive Summary

CBRE Limited is pleased to offer for sale, on behalf of the Court-Appointed Receiver, 253 Queen Street East in Brampton (the “Site”, the “Property” and/ or “253 Queen”). 253 Queen offers a multi-phased mixed use development concept with Site Specific Approved Zoning for three (3) towers ranging from 32 – 38 storeys with a total of + 1,001,043 sq. ft. gross floor area
(“GFA”). The Site offers + 3.92 acres of extremely well-located land, with excellent frontage along Queen St E with direct access to Highway 407 (less than 600m from the Site). The Site is currently tenanted benefiting from holding income. 253 Queen is well-serviced by local and regional transit networks.

Property Facts Under Contract

Sale Type
Investment
Sale Conditions
Development Sale
Property Type
Retail
Property Subtype
Storefront
Building Size
73,600 SF
Building Class
C
Year Built
1975
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Loading Docks
3 Exterior
Building FAR
0.43
Lot Size
3.92 AC
Zoning
DC 3726
Parking
60 Spaces (0.88 Spaces per 1,000 SF Leased)
Frontage
127 ft on Queen St

Amenities

  • Bus Route
  • Dedicated Turn Lane
Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Tim Hortons
Scotiabank
TD Canada Trust ATM
Starbucks
Osmow's
Chuck's Roadhouse Bar & Grill
Wild Wing
Steve's No Frills
Red Lobster
Swiss Chalet
  • Listing ID: 32591882

  • Date on Market: 26/07/2024

  • Last Updated:

  • Address: 253 Queen St E, Brampton, ON L6W 2B8

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