map icon
-
Beds
-
Baths
15,848
Sq. Ft.
$2,999,000
List Price
279 Colborne St E, Brantford, ON - 1 of 3
279 Colborne St E, Brantford, ON - 2 of 3
279 Colborne St E, Brantford, ON - 3 of 3
New
22 days on market

Quick Summary

  • Desirable development property in Brantford
  • Approved for up to 22-story mixed-use condo
  • City eager to assist and approve the project
  • Potential for 90% property tax savings for 7 years
  • Expedited 60-day conditional site plan approval
  • Corner lot with access to two major thoroughfares
  • Existing large developments already approved nearby
  • Seller willing to provide 75% LTV mortgage

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... Show More

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:54626)

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Property Details

Size

15,848 sq. ft.
0 Beds
0 Baths

Lot

Size
1417′12″ * 1636′0″
Acres
-

Heating & Cooling

Heating
Other
Cooling
Fully air conditioned

Utilities

Water
Municipal water
Sewer
-
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X9283029
Last Updated
September 4, 2024
Brokerage
GET SOLD REALTY INC.
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