Business For Sale · Land

968 & 970 COLBORNE STREET, Brantford

968 & 970 COLBORNE STREET, Brantford, ON N3S3T4

$3.0M total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

92%

About this property

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:66811)

Financial sandbox

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Estimate
Purchase price$3.00M
Down payment30% · $900K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$14K

Projected NOI

$143K

Annual cash flow

$-23K

Cash-on-cash

-2.59%

DSCR

0.86

Going-in cap

4.76%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

49,099

Households

18,059

Median income

$97,500

Median age

42.7

Daytime population

65,531

5-yr growth

3.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 968 & 970 COLBORNE STREET, Brantford.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.