279 Colborne ST E, Brantford, ON N3T 2H3
279 Colborne ST E, Brantford, ON N3T 2H3
279 Colborne ST E, Brantford, ON N3T 2H3
279 Colborne ST E, Brantford, ON N3T 2H3
279 Colborne ST E, Brantford, ON N3T 2H3
279 Colborne ST E, Brantford, ON N3T 2H3
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Peter Velentis

Peter Velentis

+1(647) 287-1509
$ 2,900,000
Est. payment | /mo
Save Virtual Tour
$ 2,900,000
Est. payment | /mo
Save Virtual Tour

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9283029

Annual Tax Amount $21,345

Tax Year 2023

Property Sub-Type Investment

Property Description

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

Location

Province ON

County Brantford

Area Brantford

Interior

Cooling Yes

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 118.19

Lot Depth 136.39

Others

ParcelsYN No

Virtual Tour https://vimeo.com/1003236460/0051372011?share=copy

Listed by GET SOLD REALTY INC.

Nearby Locations

Tour This Home

279 Colborne ST E

Peter Velentis

"When you work with me, youère not just getting a realtor-youère gaining a trusted advisor whose expertise, innovative solutions, and steadfast commitment to your success make all the difference. Whether youère buying, selling, or investing, I am here to guide you every step of the way, ensuring that your real estate experience is both rewarding and stress-free."

+1(647) 287-1509

peter.velentis@lptrealty.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Peter Velentis, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.