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. (id:63008)
| MLS® Number | 40834802 |
| Property Type | Vacant Land |
| Community Features | High Traffic Area |
| Features | Southern Exposure |
| Basement Type | None |
| Utility Water | Municipal Water |
| Access Type | Road Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 231 Ft |
| Size Frontage | 144 Ft |
| Size Total Text | 1/2 - 1.99 Acres |
| Zoning Description | R1b,c8,rhd |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/29829734/968-970-colborne-street-brantford
Dwayne Patrie
Salesperson
(866) 530-7737
www.exprealty.ca/