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    For Sale - 279 Colborne Street, Brantford, Ontario

    Est payment $13,926/mo
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    Views   1
    Time on Jump  280 day

    AI Summary *

    • Development property with approval potential for a 22-storey mixed-use condo.
    • City offers up to 90% savings on property taxes for seven years.
    • Conditional site plan approval in 60 days, final approval in 3-4 months.
    • Located at a premium corner lot with access to major thoroughfares.
    • Existing work completed, ready for immediate development opportunities.




    Attention investors: power of sale development property in brantford. The municipality of brantford is eager to approve and assist a build up to 22 storey mixed-use condo. Developers dream and background work completed. City willing to close small side road and sell small parcel to make this project a reality. Area remains a development free charge zone and city is providing up to 90% savings on property taxes for up to a 7 year period. To add to this amazing opportunity, the city has committed to a 60-day conditional site plan approval of the project and 3-4 months for final approval of a large commercial/residential tower. City of brantford wants this development! This corner lot is located in a premium area with two large thoroughfares having access. Other large developments already approved in the area. Take advantage of the work that has been completed and the eager city who wants this property developed. Direct access to planner for due diligence purposes. This power of sale will not last long and is priced to sell. For those interested in financing this purchase, seller willing to provide mortgage with 75% ltv to approved clients. Priced below potential to those interested parties. Current plaza to be demolished by new owner to make room for this extensive development. See attachments for survey and drone tour to view potential. **extras** survey attached
    Listing IDX9283029
    Address279 Colborne Street
    CityBrantford, Ontario
    Price$2,900,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Other

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    Listing Agency:  GET SOLD REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    279 Colborne Street
    Brantford , Ontario
    $2,900,000
    Get more info