$397,000

Great Opportunity in the Heart of Downtown Brampton! Fire-damaged property offering excellent potential for renovation or new construction, ideally located in the heart of downtown Brampton. Just steps away from the theatre, GO Station, university, shopping, and beautiful parks. This property offers an outstanding location with plenty of possibilities. The current owner has already spent $15,000 on demolition and cleanup. There are Two Options to Choose From: OPTION 1 - Build a Brand-New Home. A building permit has already been obtained from the City for the construction of a new house on this lot. The permit may be transferable to the new owner, subject to the City's approval. OPTIONI 2 - Renovate into a DUPLEX. The seller has already invested in architectural drawings and an engineering report and has applied to the City for a renovation permit to convert the existing house into a duplex, featuring: Main level: 2 bedrooms, bathroom, kitchen. Basement: 2 bedrooms, bathroom, kitchen. The architectural drawings, engineering report, and permit application can be made available to the new owner, subject to the applicable City requirements. The seller can also provide the contact information for a contractor who can undertake the renovation. Property sold As Is Where Is. An excellent opportunity for builders, investors, or buyers looking to create a customized property in a prime downtown location. Listing Agent has interest in the property.