Description

POWER OF SALE OPPORTUNITY: Rare opportunity to acquire an 89-acre parcel ideally located on Colborne Street East, just west of Madden Road. This property is being offered in conjunction with two additional parcels, presenting a significant land banking opportunity totalling approximately 270 acres. Strategically positioned just outside the City of Brantford and south of Highway 403, this offering provides strong long-term potential in a growing corridor. (id:66096)

Market Timing

Days on market

107d

Brant (Brantford Twp) listings, avg age

113d

List price

$1.93M

Haho

This vacant land in Brant (Brantford Twp) has been listed for 107 days, which is 6 days fresher than the city average of 113. Act while there is still low competition.

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Area context

Neighbourhood profile (N3T)

This home lists at $1,925,000, about 22.4× the local median household income of $86,000.

Carrying it typically needs a household income of about $376,020 (20% down, 25-yr amortization, stress-tested) — roughly 337% above the area median.

Median household income: $86,000
Population: 37,406
Median age: 38.8
Owner / renter: 66% / 34%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N3T)

$1,925,000

For sale

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Financing

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1610 Colborne Street, Brant (Brantford Twp) - Vacant Land for Sale

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (N3T)

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Need a commercial mortgage?