Active

279 COLBORNE STREET E

Brantford Ontario, N3T2H3

C$2,599,000


C$164.00 per sqft

Active

15,848 sqft

Residential

 Courtesy of GET SOLD REALTY INC. 

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 (id:41202)

X9283029

MLS ID

November 22, 2024

Updated

Map

279 COLBORNE STREET E
Brantford Ontario, N3T2H3

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Fully air conditioned


Heating

Yes


Heating Description

Other

Exterior/Building Features

Other Property Details

Association Amenities

Highway, Public Transit


Garage

No


View

No


Pool

No

Listing History

Date

Event

Price

10/31/2024

Price change

$2,599,000

-14%

Courtesy of GET SOLD REALTY INC.

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