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For saleMLS® 40861906

1422 Colborne Street E

Brantford, N3R 0C3

$2,699,000

Bedrooms
4 + 2
Bathrooms
4
Interior
3,086 ft²
Lot
3.65 acres
Type
Detached

About this home

65 Acres on Busy Colborne Street with Future Potential! This 3,086 sq. ft. 65-acre property with excellent frontage and visibility along Colborne Street. The home was recently expanded and completely renovated and has a stunning kitchen, spacious open-concept layout and an above-ground in-law suite, making it a great setup for a family or extended family. Outside, the property is beautifully landscaped with an in-ground pool and plenty of room to enjoy the grounds. A separate driveway leads to the back of the property, where a large gravel area provides useful space for storage, equipment or potential business use.

The property is designated Community Node in the Official Plan, offering the opportunity to explore future residential, commercial and mixed-use possibilities, subject to zoning and municipal approvals. While the home and existing improvements offer plenty to enjoy today, the size of the property, busy Colborne Street frontage, close access to the 403, possible commercial zoning, and rear access make the land an especially interesting opportunity for investors and developers looking at the property's longer-term potential.

A rare combination of a beautiful existing home, substantial land and future possibilities in a highly visible location. *The Community Node designation provides an opportunity to explore a range of potential future uses, with zoning, permitted uses and development potential to be explored with the appropriate municipal authorities. Lot dimensions and boundaries are approximate.

Property details

Property type
Detached
Ownership
Freehold
Style
Bungalow Raised
Age
51-99 Years
Property taxes
$6,126
Heating
Forced Air
Cooling
Central Air
Basement
Full, Finished
Fireplace
Gas
Parking
16 spaces, attached garage
Water
Municipal
Sewer
Septic Tank
Lot
3.65 acres
Zoning
RA,HC
Time on market
56 days on market
MLS® number
40861906

Features

Inside

  • In-Law Floorplan

Outside

  • Brick
  • Stone
  • Asphalt Shing roof

The lot

  • Rural
  • Irregular Lot
  • High Traffic Area
  • Major Highway
  • Park
  • Schools

Included with the home: Dishwasher,Dryer,Hot Water Tank Owned,Refrigerator,Stove,Washer,Window Coverings

Rooms

Measurements are deemed reliable but not guaranteed.

Recreation RoomBasement25' 11" × 20' 6"
BedroomBasement16' 10" × 10' 9"
Utility RoomBasement14' 8" × 13' 8"
BasementBasement40' 11" × 17' 5"
BedroomBasement14' 8" × 12' 6"
RoomBasement10' 3" × 7' 8"3-Piece
Living RoomMain21' 11" × 18' 8"
Dining RoomMain19' × 10' 9"
KitchenMain14' 8" × 14' 5"
RoomMain3-Piece
FoyerMain10' × 12' 7"
Bedroom PrimaryMain13' 4" × 16' 4"
BedroomMain10' × 12' 9"
BedroomMain9' 2" × 11' 10"
BathroomMain7' 4" × 8' 6"4-Piece
LaundryMain9' × 6' 6"
BedroomSecond10' 1" × 16'
BathroomSecond7' × 5' 5"3-Piece
Family RoomSecond11' 5" × 11' 10"
KitchenSecond11' 7" × 8' 9"
Dining RoomSecond7' 6" × 11' 10"

Location

Estimate your payment

20% down. The minimum on this price is $539,800.

Your monthly payment

$11,951

Mortgage amount
$2,159,200
Interest over the amortization
$1,425,976

An estimate at a fixed rate compounded twice a year. Insurance applies under 20% down. Your lender sets the real numbers, and the team can introduce you to a mortgage professional.

Ontario land transfer tax

How the tax adds up

Ontario land transfer tax by bracket
$0 to $55,0000.5%$275.00
$55,000 to $250,0001.0%$1,950.00
$250,000 to $400,0001.5%$2,250.00
$400,000 to $2,000,0002.0%$32,000.00
$2,000,000 to $2,699,0002.5%$17,475.00

Ontario land transfer tax

$53,950

Tax before any refund
$53,950.00
You pay on closing
$53,950.00

For a home with one or two single-family residences anywhere in Ontario outside Toronto. Your real estate lawyer confirms the amount and pays it on closing.

Listed by Sarah Vanderveen, Voortman Realty Inc..

Listing courtesy of the Cornerstone Association of REALTORS®. MLS® 40861906.

Listing content protected by copyright and licensed by Information Technology Systems Ontario. Information is deemed reliable but is not guaranteed accurate by ITSO. Measurements are deemed reliable but not guaranteed.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The Brolly Group is a team of REALTORS® with RE/MAX Twin City Realty Inc., Brokerage. Each office independently owned and operated.

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