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Doug Folsetter

doug@folsetter.com +1(905) 515-5494

$2,998,800

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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40834802

Annual Tax Amount $1

Property Sub-Type Commercial

Source Cornerstone

Property 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 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.

Location

Province ON

County Brantford

Area 2049 - Echo Place/Braneida

Zoning R1B,C8,RHD

Direction HWY 406 - Wayne Gretzky Parkway - Colborne Street East

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available Natural Gas Available, Phone Available

Lot Frontage 144.12

Lot Depth 230.7

Garage No

Building

Lot Description Urban, Rectangular, High Traffic Area

Faces HWY 406 - Wayne Gretzky Parkway - Colborne Street East

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community false

Tax ID 321150214

Ownership Freehold/None

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Listed by eXp Realty

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Doug Folsetter

+1(905) 515-5494

Sales Representative | License ID: 4729737

Sales Representative License ID: 4729737

968 & 970 Colborne ST Brantford, ON N3S 3T4

Doug Folsetter

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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968 & 970 Colborne ST