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Listed by Dwayne Patrie • eXp Realty
$ 3,300,000
Est. payment | /mo
$ 3,300,000
Est. payment | /mo
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
State 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 No
Tax ID 321150214
Ownership Freehold/None
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