342-346 West Street
Terrace Hill, Brantford, N3R 3V7
$2,000,000
- Lot
- 132.9 × 217 ft
- Type
- Land
About this home
Prime redevelopment opportunity at 342–346 West Street in Brantford, strategically located within the City's Intensification Corridor. Benefiting from high-density zoning, the property offers significant potential for future multi-residential development. Preliminary concepts have explored a 10-storey residential building comprising approximately 90 units, with additional planning studies examining opportunities for increased density, subject to municipal approvals.
Existing rental income from 346 West Street provides valuable holding income while redevelopment plans advance. An excellent opportunity for developers, builders, and investors seeking a high-density residential development site in Brantford's growing urban market.
Property details
- Property type
- Vacant Land
- Ownership
- Freehold
- Property taxes
- $8,055
- Water
- Municipal
- Sewer
- Sewer (Municipal)
- Lot
- 132.9 × 217 ft lot
- Zoning
- IC
- Time on market
- 17 days on market
- MLS® number
- 40870749
Features
The lot
- Urban
- Irregular Lot
- Public Transit
Location
Thinking about the area? Read our guide to living in Brantford.
Estimate your payment
20% down. The minimum on this price is $400,000.
Your monthly payment
$8,856
- Mortgage amount
- $1,600,000
- Interest over the amortization
- $1,056,670
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
| $0 to $55,000 | 0.5% | $275.00 |
| $55,000 to $250,000 | 1.0% | $1,950.00 |
| $250,000 to $400,000 | 1.5% | $2,250.00 |
| $400,000 to $2,000,000 | 2.0% | $32,000.00 |
Ontario land transfer tax
$36,475
- Tax before any refund
- $36,475.00
- You pay on closing
- $36,475.00
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.
Similar homes nearby
Other land homes for sale in and around Brantford, at a similar price.
$1,200,000
75-79 Erie Avenue
Brantford · Land
Listing brokerage: Royal LePage Burloak Real Estate Services