324 Queen Street, Brampton, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Queen Street Corridor. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $13,275,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 231.45 x 368.68 ft lot size
Description
The property occupies a highly visible northeast corner at Queen Street East and Rutherford Road North, offering a prominent corner position. It spans approximately 2.207 acres (96,100 sq. ft.) with extensive frontage of about 310 feet on Queen Street and 336 feet on Rutherford Road. It is designated High-Rise Mixed-Use under the Queen Street Corridor Secondary Plan and Brampton Plan 2024, representing one of the City's highest-intensity land use permissions. Permitted uses include high-density residential along with ground-floor commercial space such as offices, retail, and services. The site benefits from direct frontage on Queen Street East's rapid transit corridor and is located within Brampton's Urban Growth Centre and a designated Regional Urban Node.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 324 Queen Street E, Brampton, ON L6V 1C3
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Brampton, ON
For a property listed at $13,275,000 in Brampton, the legal minimum down payment is $2,655,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $318,350 for this transaction. As this listing is in Brampton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $318,350.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.