RARE Power of Sale Development Opportunity featuring am SPA approved mixed-use development site in one of Brantford's fastest-growing corridors. Proposed 6-storey purpose-built rental development with 40 residential suites and ground-floor commercial space. CMHC package ready for purpose-built rental with outstanding projected gross annual income and a strong unit mix designed for today's rental market. Proposed development contemplates mix of attainable affordable suites, 1-bedroom and 2-bedroom layouts, elevator access, surface parking, and professionally designed architectural renderings already completed. Extensive due diligence and pre-development work substantially advanced including ESA, geotechnical investigations, hydro/service coordination, floor plans, layouts, rent analysis, and supporting consultant reports. With rents conservatively positioned supporting strong long-term upside and CMHC financing defensibility. Zoned C8, R1B, RHD (40U), offering exceptional redevelopment potential in a rapidly growing rental market. Ideally located along a major Brantford corridor with strong access to transit, Highway 403 connectivity, downtown Brantford, shopping, healthcare, schools, and major amenities. Excellent opportunity for developers and investors seeking a near permit-ready mid-rise rental project with significant upfront planning, design, and consultant work already completed and potential to advance toward construction as early as Fall 2026. (id:4069)
Address
968 & 970 COLBORNE STREET
List Price
$2,748,800
Property Type
Vacant Land
Transaction Type
Sale
Area
Ontario
Sub-Area
Brantford
Floor Area
33,185 Sq. Ft.
Lot Size
144.12 x 230.7 FT Sq. Ft.
Lot Depth
230 ft ,8 in
Frontage Length
144 ft ,1 in
MLS® Number
X14103390
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Postal Code
N3S3T4
Zoning
R1B,C8,RHD
Water Source
Municipal water
