968 & 970 Colborne Street
Echo Place, Brantford, N3S 3T4
$2,748,800
- Lot
- 144.12 × 230.7 ft
- Type
- Land
About this home
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.
Property details
- Property type
- Vacant Land
- Ownership
- Freehold
- Property taxes
- $1
- Water
- Municipal
- Sewer
- Sewer (Municipal)
- Lot
- 144.12 × 230.7 ft lot
- Zoning
- R1B,C8,RHD
- Time on market
- 160 days on market
- MLS® number
- 40834802
Features
The lot
- Urban
- Rectangular
- High Traffic Area
Included with the home: None
Location
Thinking about the area? Read our guide to living in Brantford.
Estimate your payment
20% down. The minimum on this price is $549,760.
Your monthly payment
$12,171
- Mortgage amount
- $2,199,040
- Interest over the amortization
- $1,452,287
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 |
| $2,000,000 to $2,748,800 | 2.5% | $18,720.00 |
Ontario land transfer tax
$55,195
- Tax before any refund
- $55,195.00
- You pay on closing
- $55,195.00
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.
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