7
$2,748,800 Sale
Listed 14 hours ago
968 & 970 Colborne Street
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Key Facts
Key facts for 968 & 970 Colborne Street
Property Type
Commercial
Parking
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MLS #
X14103390
Size
-
Basement
-
Listed on
2026-10-21
Lot size
144 x 230.7
Tax
-
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
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 renta...l 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.
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Courtesy of: RE/MAX ESCARPMENT REALTY INC.