$ 1,899,900
70 Colborne Street Brantford, ON N3T 2G5
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Listed by Steve Robes • Royal LePage State Realty
$ 1,899,900
Est. payment /mo
Active
70 Colborne Street Brantford, ON N3T 2G5
10,946 SqFt
UPDATED:
10/12/2024 08:41 PM
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 10,946 sqft
Price per Sqft $173
MLS Listing ID 40661479
Abv Grd Liv Area 10,946
Originating Board Hamilton - Burlington
Annual Tax Amount $13,000
Property Description
Location, Location, Location! Nestled in the heart of downtown Brantford, this fully occupied mixed-use property offers unbeatable convenience and high-demand rental potential. Situated directly across from Canada's largest YMCA, the popular casino, and Wilfrid Laurier University's Brantford campus, this property is the center of a vibrant and thriving student community.
Key Highlights:
5 Residential Rental Units – Fully leased, catering to a growing student population of around 2,700 undergraduates and graduates.
4 Ground-Floor Commercial Units – Prime storefront space in a bustling downtown core, offering strong visibility and foot traffic.
Total Above-Grade Gross Square Footage: 10,946 sq. ft.
Below-Grade Space – Offers an additional 3,000 sq. ft. of rental potential, ideal for storage or retail expansion.
Untapped Attic Space – Potential for further development into another residential unit or expanding the 5th unit for premium living space with breathtaking views of the casino and Grand River.
With Laurier Brantford transforming the downtown core, this property enjoys year-round demand from students, professionals, and businesses. Plus, the opportunity to further develop the attic and below-grade spaces means additional revenue potential for savvy investors.
Key Highlights:
5 Residential Rental Units – Fully leased, catering to a growing student population of around 2,700 undergraduates and graduates.
4 Ground-Floor Commercial Units – Prime storefront space in a bustling downtown core, offering strong visibility and foot traffic.
Total Above-Grade Gross Square Footage: 10,946 sq. ft.
Below-Grade Space – Offers an additional 3,000 sq. ft. of rental potential, ideal for storage or retail expansion.
Untapped Attic Space – Potential for further development into another residential unit or expanding the 5th unit for premium living space with breathtaking views of the casino and Grand River.
With Laurier Brantford transforming the downtown core, this property enjoys year-round demand from students, professionals, and businesses. Plus, the opportunity to further develop the attic and below-grade spaces means additional revenue potential for savvy investors.
Location
Province ON
County Brantford
Area 2040 - Terrace Hill/E & N Wards
Zoning C1
Direction NORTHWEST OF KING ST AND COLBORNE ST
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Waterfront No
Lot Frontage 40.25
Lot Depth 132.0
Garage No
Building
Lot Description Highway Access
Faces NORTHWEST OF KING ST AND COLBORNE ST
Story 4
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 321430032
Ownership Freehold/None
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