Price ChangeFor Sale

279 Colborne Street E
Brantford, Brantford, ON, N3T 2H3

Investment
TRREB
MLS® Number: X9283029
$2,900,000List Price
InvestmentProperty Type
15,848 sq ftSize
$21,345 / 2023Taxes (Annual)
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PRICE CHANGED
$2,900,000
Previously Listed For:
Changed on

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Listing History

Buy/sell history for 279 Colborne Street E, Brantford, ON N3T 2H3

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Description

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

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$21,345 / 2023
Listing #:X9283029
Property Type:Investment
Size:15,848 sq ft
Land Size:118.19 x 136.39
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:GET SOLD REALTY INC.

Rooms

Details

Property

Property Type:Investment
Municipality:Brantford

Building

Size:15,848 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Other

Land

Cross Street:Colborne St E / Clarence St

$2,900,000

List price

279 Colborne Street E, Brantford – Investment for sale · MLS® # X9283029 | CPRB