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Isaac Rosebrugh

isaac@inspiredbroker.com +1(519) 754-6611

$2,695,000

Est. payment - /mo

15,848 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 15,848 sqft

Price per Sqft $170

MLS Listing ID 40852369

Abv Grd Liv Area 15,848

Annual Tax Amount $5,858

Property Sub-Type Building and Land

Source Cornerstone

Property Description

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.

Location

Province ON

County Brantford

Area 2040 - Terrace Hill/E & N Wards

Zoning HM

Direction This porperty is in the heart of downtown with many access points. Please use GPS.

Rooms

Basement None

Kitchen 0

Interior

Fireplace No

Exterior

Parking Features Other

Lot Frontage 118.19

Lot Depth 136.39

Garage No

Building

Lot Description Irregular Lot, Public Transit

Faces This porperty is in the heart of downtown with many access points. Please use GPS.

Story 2

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

New Construction No

Others

Senior Community false

Tax ID 321430182

Ownership Other

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Listed by CUSHMAN & WAKEFIELD WATERLOO REGION LTD.

NEARBY SCHOOL & BUSINESS

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Isaac Rosebrugh

+1(519) 754-6611

REALTOR®

265-279 Colborne ST Brantford, ON N3T 2H3

Isaac Rosebrugh

Key Details

Location

Rooms

Interior

Exterior

Building

Others