$1,799,900
Available - For Sale
Listing ID: X12613188
70 Colborne Street , Brantford, N3T 2G5, Brantford
| Remarks Public Remarks: 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. |
| Price | $1,799,900 |
| Taxes: | $13000.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 70 Colborne Street , Brantford, N3T 2G5, Brantford |
| Postal Code: | N3T 2G5 |
| Province/State: | Brantford |
| Directions/Cross Streets: | KING ST AND COLBORNE ST |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Multi-Use |
| Building Percentage: | T |
| Total Area: | 10946.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Water Expense: | $3500 |
| Net Income Before Debt: | $137720 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Rail: | N |
| Clear Height Feet: | 11 |
| Grade Level Shipping Doors #: | 4 |
| Height Feet: | 7 |
| Width Feet: | 3 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| BRIDGECAN REALTY CORP. |
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Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Brantford |
| Municipality: | Brantford |
| Neighbourhood: | Dufferin Grove |
| Tax: | $13,000 |
| Fireplace: | N |
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