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Renanza Realty
For sale

1432 COLBORNE Street E

Brantford, Ontario

MLS® 40861005

$1,999,900

Status
Active
Property type
House
MLS® number
40861005
Bedrooms
4
Bathrooms
3
Year built
1954

Listing description

Rare 3+ Acre Development & Investment Opportunity in Brant! Offering just over 3 acres of land with potential for future development, this property is an excellent opportunity for investors, developers and builders. The property is identified within the Community Node designation in the Official Plan, providing an opportunity to explore a range of potential future uses.

The existing 2,610 sq ft bungalow with three separate units could provide income while you explore the property's future potential. The County's Community Node Zoning is intended for mixed-use development, including low and mid-rise residential buildings, retail/commercial uses, office/commercial mixed-use, community facilities, institutional buildings, hotels, and more. With substantial land, good frontage and convenient access to surrounding amenities and major transportation routes, this property offers a unique combination of possible rental income and longer-term development potential.

Whether you're looking to add to your investment portfolio, hold the property for income or explore future redevelopment opportunities, this is a property worth taking a closer look at. **The Community Node designation provides an opportunity to explore a range of potential future uses, with zoning, permitted uses and development potential to be explored with the appropriate municipal authorities. Lot dimensions and boundaries are approximate**

Property summary

MLS® number
40861005
Property type
Single Family
Building type
House
Square footage
2,610 sq ft
Title
Freehold
Land size
3.138 acres
Built in
1954
Annual property taxes
$4,747.00
Parking
14 spaces
Days on market
2 days

Features & details

Cooling
Window air conditioner
Basement
Unfinished, Full
Appliances
Stove
Exterior features
Brick
Lot features
Country residential, In-Law Suite
Community features
High Traffic Area
Architectural style
Bungalow

What would this home cost you?

Based on the $1,999,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$9,305 /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 Voortman Realty Inc., Lynden.

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.

1432 COLBORNE Street E, Brantford, Ontario — For Sale | Renanza