Added 3 months ago
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Type: Investment
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Property Type: Commercial
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Business Type: Apts-Over 20 Units
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Zoning: C1 Commericial
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Age: No Data
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Taxes: 21345
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MLS®#: X9283029
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Days on Site: 66 Days
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Added: Aug 25, 2024 (3 months ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: GET SOLD REALTY INC.
ATTENTION INVESTORS: POWER OF SALE Development Property In Brantford. The Municipality Of Brantford Is Eager To Approve And Assist A Build Up To 22 Storey Mixed-Use Condo. Developers Dream And Background Work Completed. City Willing To Close Small Side Road And Sell Small Parcel To Make This Project A Reality. Area Remains A Development Free Charge Zone And City Is Providing Up To 90% Savings On Property Taxes For Up To A 7 Year Period. To Add To This Amazing Opportunity, The City Has Committed To A 60-Day Conditional Site Plan Approval Of The Project And 3-4 Months For Final Approval Of A Large Commercial/Residential Tower. CITY OF BRANTFORD WANTS THIS DEVELOPMENT! This Corner Lot Is Located In A Premium Area With Two Large Thoroughfares Having Access. Other Large Developments Already Approved In The Area. Take Advantage Of The Work That Has Been Completed And The Eager City Who Wants This Property Developed. Direct Access To Planner For Due Diligence Purposes. This Power Of Sale Will Not Last Long And Is Priced To Sell. For Those Interested In Financing This Purchase, Seller Willing To Provide Mortgage With 75% LTV To Approved Clients. Priced Below Potential To Those Interested Parties. Current Plaza To Be Demolished By New Owner TO Make Room For This Extensive Development. See Attachments For Survey And Drone Tour To View Potential.
Extras
Survey Attached
Property
Status: Sale
Type: Apts-Over 20 Units
Property Type: Investment
Property Type: Apartment
Area: Brantford
Availability Date: Immediate
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Other
Energy Certificate: N
Green Verification Status: N
Freestanding: Y
Water Supply: Municipal
Physically Handicapped-Equipped: N
Parking
Garage Type: None
Fees
Tax Year: 2023
Tax Legal Description: PT LT 36 S/S COLBORNE ST PL CITY OF BRANTFORD, SEPTEMBER 7, 1892
Taxes: $21,345
Taxes Type: Annual
Land
Cross Street: Colborne St E / Clar
Municipality District: Brantford
Parcel Number: 321430182
Lot Depth: 136.39 Feet
Lot Frontage: 118.19 Feet
Zoning: C1 Commericial
Additional Media
- Virtual Tour: https://vimeo.com/1003236460/0051372011?share=copy
Commercial Specific
Total Area: 15848
Total Area Metric: Sq Ft
Area Influence: Major Highway
Area Influence: Public Transit
Lot Code: Lot
Survey: Y
Financial Statement: N
Graham Bell-Victoria Public School
Elementary: PublicCentral Public School
Elementary: PublicÉÉC Sainte-Marguerite-Bourgeoys-Brantfrd
Elementary: CatholicPrincess Elizabeth Public School
Elementary: PublicMajor Ballachey Public School
Elementary: PublicKing George School
Elementary: PublicSt. Mary Catholic Learning Centre
Secondary: CatholicGrand Erie Learning Alternatives
Secondary: PublicPauline Johnson Collegiate and Vocational School
Secondary: PublicSt John's College
Secondary: CatholicNorth Park Collegiate and Vocational School
Secondary: PublicBrantford Collegiate Institute and Vocational School
Secondary: Public
