279 COLBORNE STREET E

Multi-family For Sale in Brantford, Ontario

$2,599,000
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:4069)
Address 279 COLBORNE STREET E
List Price $2,599,000
Property Type Multi-family
Type of Dwelling Multi-Family
Area Ontario
Sub-Area Brantford
Floor Area 15,848 Sq. Ft.
Lot Size 118.19 x 136.39 FT Sq. Ft.
MLS® Number X9283029
Listing Brokerage GET SOLD REALTY INC.
Postal Code N3T2H3
Zoning C1 Commericial
Site Influences Highway, Public Transit
Features Irregular lot size

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Marcia Grove Realty Team

Keller Williams Innovation Realty, Brokerage

640 Riverbend Drive Kitchener ON N2K 3S2

Mobile: 226.240.3252

Office: 519.570.4447

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