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Renanza Realty
For sale

45-55 WORTHINGTON Drive

Brantford, Ontario

MLS® 40806852

$7,800,000

Status
Active
Property type
Industrial
MLS® number
40806852
Bedrooms
Bathrooms
Year built
1961

Listing description

Great Investment Opportunity! This multi-tenanted property offers excellent accessibility, M3 Heavy Industrial zoning & sits on a large 4-acre site in an emerging Industrial corridor. The building contains approximately 61,000 square feet of space, with additional outdoor storage options.

There are 10 units, 9 offering updated office spaces, with most of the remaining space being dedicated to warehousing. Equipped with multiple, high-clearance rear loading docks that can accommodate different vehicle types, providing flexibility for varied logistics operations. The building offers clear span heights ranging from 10 feet-15 feet, a full sprinkler system & features 600 amps, 3-phase electrical service.

Grounds are secured with auto-gate access, security cameras & back lot lighting. Lots of outdoor storage space including 3 Quonset huts. Theres the bonus of a 20 kW solar panel system that feeds directly into the existing system, reducing the utility bill for the property owner.

Potential to subdivide into individual condo units & capitalize on the strong demand for smaller-bay industrial ownership The property spans a frontage of 543 feet on Worthington Drive, which runs parallel to Colborne St, located within the Cainsville Industrial sector, which is just east of the City of Brantford. Exposure along Worthington Drive & Colborne St is excellent providing an Annual Average Daily Traffic (AADT) count of 15,000 (2023). Minutes from Hwy 403 providing seamless connections to Brantford, Hamilton, Woodstock & the GTA, ideal for businesses requiring efficient transportation.

The County of Brant is developing a Land Use Strategy to create a Premier Employment Hub in Cainsville. Located in close proximity to Highway 403, the settlement area of Cainsville contains some of the County’s largest employment lands. A prime location in one of Brantford's strategic corridors makes this a smart investment for an investor or owner occupier.

Property summary

MLS® number
40806852
Property type
Industrial
Building type
Other
Square footage
61,040 sq ft
Title
Freehold
Land size
4.06 acres
Built in
1961
Annual property taxes
$56,204.85
Days on market
79 days

Features & details

Basement
Partial
Exterior features
Concrete, Brick, Stucco, Metal
Lot features
Visual exposure, Paved driveway, Crushed stone driveway
Community features
High Traffic Area

What would this home cost you?

Based on the $7,800,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$36,292 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Royal LePage Action Realty, BRANTFORD.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.