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MLS® X9283029
Brantford, ON
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
Inclusions
See Schedule B
Exclusions
See Schedule B
Broker
GET SOLD REALTY INC.
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Investment
279 Colborne Street E Brantford
Brantford
Type
Investment
Parking
None
Property Tax
~$21,345/yr
Heating
Other
Buying Essentials
Square Feet
15848 sqft
Parking
None
Finances
List Price
$2,900,000
Price per SQFT
$183/sqft
Property Tax
~$21,345/yr
Property Specs
Property Type
Investment
MLS Size
15848 sqft
Living & Amenities
Heating Type
Other
Policies & Utilities
Neighbourhood
Brantford
Listed On
Aug 29, 2024
Major Highway
Public Transit
Days on Market
Current: 800 days
Room information is not available for this listing.
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