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968 & 970 COLBORNE Street
homes for sale · Brantford · Echo Place
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$2,748,800

968 & 970 COLBORNE Street

Echo Place, Brantford · MLS® 40834802

Land · Vacant Land · 147 days on market

listed by Dwayne Patrie, RE/MAX Escarpment Realty Inc.

realtor's 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.

property details

type
Land, Vacant Land
parking
0
days on market
147
MLS®
40834802

features

  • Southern exposure
  • High Traffic Area

monthly cost

$11,976/mo
Mortgage $11,976

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment
$11,976/ monthly
loan $2,199,040
25-year amortization
total interest
$1,393,837
cash to close
$549,760
down payment; transfer tax and fees not included
total paid
$3,592,877

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Echo Place, BrantfordGoogle Maps ↗

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listed by
Dwayne Patrie
RE/MAX Escarpment Realty Inc.
call Dwayne · 289-273-9545
Powered by: REALTOR.ca

similar homes nearby

location

Echo Place, BrantfordGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

nothing comparable on the market right now.