968 & 970 Colborne Street Brantford, Ontario N3S 3T4

$3,500,000

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. (id:55460)

Business

Business Type	Residential
Business Sub Type	Residential

Property Details

MLS® Number	X13218548
Property Type	Vacant Land

Building

Size Interior	33,185 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	230 Ft ,8 In
Size Frontage	144 Ft ,1 In
Size Irregular	144.12 X 230.7 Ft
Size Total Text	144.12 X 230.7 Ft
Zoning Description	R1b,c8,rhd

https://www.realtor.ca/real-estate/29829807/968-970-colborne-street-brantford