Just Listed
Address
70 Colborne Street, Brantford, ON
Price
$ 1,699,999
Property Attributes
- ID#40865834
- TypeCommercial
- Listing Status Active
- MunicipalityBrantford
- CityBrantford
- AreaBrantford
- Neighbourhood2043 - Downtown Core
- Postal CodeN3T 2G5
- Style
- Price$ 1,699,999
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Sqr Footage10946
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Prime Downtown Brantford Investment Opportunity! Perfectly positioned in the vibrant heart of downtown Brantford, this fully occupied mixed- use property offers an exceptional blend of convenience, high demand, and significant investment potential. Located directly across from Canada’s largest YMCA, the bustling casino, and Wilfrid Laurier University’s Brantford campus, this property is at the epicenter of a dynamic, rapidly evolving student and professional community. The property includes five fully leased residential units, catering to a growing and steady student population of over 2,700 undergraduates and graduates, ensuring reliable rental income. The four ground-floor commercial units offer prime retail spaces in a high-traffic, sought-after downtown location with excellent visibility and consistent foot traffic from students, professionals, and local residents. The property features 10,946 sq. ft. of above-grade space and an additional 3,000 sq. ft. of below-grade space that provides diverse rental opportunities, ideal for storage, retail expansion, or other creative uses. Furthermore, the untapped attic space presents a unique opportunity for further development, whether expanding an existing residential unit for premium living or creating an entirely new unit with stunning views of the casino and Grand River. With the ongoing transformation of Laurier Brantford and the surrounding downtown area, this property is perfectly positioned to continue benefiting from year-round demand from students, professionals, and businesses. The added potential for development of the attic and below-grade spaces presents an exciting opportunity for investors looking to maximize returns and capitalize on the area’s continued growth. (id:7434)
General Features
| Features | Southern exposure |
|---|---|
| Property Type | Other |
| Zoning Description | C1 |
| Amenities | Public Transit |
| Location Description | NORTHWEST OF KING ST AND COLBORNE ST |
| Building Type | Commercial Mix |
| Ownership Type | Freehold |
| Building.StoriesTotal | 4 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Basement Type | Full |
| Living Area Range | 10946 |
Exterior Features
| Land Amenities | Public Transit |
|---|---|
| Sewer | Municipal sewage system |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in N3T 2G5
Price
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