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Pemberton Holmes Ltd.

mihom.ca is operated by Dan Robbins, REALTOR®, Pemberton Holmes Ltd.

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97 Wellington Street
homes for sale · Brantford
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$3,700,000

97 Wellington Street

Brantford · MLS® X13820960

21,340 sq ft · House · Multi-family · 31 days on market

listed by GASTON QUEIROLO ANDA, REAL BROKER ONTARIO LTD.

realtor's description

Shovel Ready investment opportunity in the heart of downtown Brantford. This prime corner-lot property eliminates years of municipal delays, coming complete with active building permits, fully paid Development Charges, and all soft costs covered. Bypass expensive and lengthy construction delays in excavation, foundation work, and exterior framing. This site is ready for interior construction on day one, free of heritage or municipal red tape.The site features a structure completely gutted to shell condition, offering potential for 29,000 sq ft of total developed space under current permits. The layout offers incredible architectural volume, including double-height sanctuary and gymnasium spaces, providing massive vertical expansion potential to add interior floor plates within the structure. Approved plans allow for 84 rooms across 28 units over 3 storeys plus a basement level, with versatile C2 zoning allowing up to 8 storeys.Unbeatable location directly across from historic Victoria Park, steps from the public library, and directly adjacent to Wilfrid Laurier University and Conestoga College. Situated in a high-demand student hub with immense rental demand, complete with both on-site and street parking available.

property details

type
House, Multi-family
living area
21,340 sq ft
parking
0
property tax
$40,932 / yr
days on market
31
MLS®
X13820960

features

  • Irregular lot size

monthly cost

$19,532/mo
Mortgage $16,121 · Tax $3,411

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$16,121/ monthly
loan $2,960,000
25-year amortization
total interest
$1,876,164
cash to close
$740,000
down payment; transfer tax and fees not included
total paid
$4,836,164

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

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
GASTON QUEIROLO ANDA
REAL BROKER ONTARIO LTD.
call GASTON · 888-311-1172
Powered by: REALTOR.ca

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location

BrantfordGoogle Maps ↗

location

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.

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