Description

Prime Corner commercial lot high traffic versatile property. Situated in the heart of Branford 341 Coburn and 70 Alfred Street Street ( including BOTH CORNERS ) is approx over half an Acres. Current zoning is C3 - 1 and C3-6 allows many uses including mid to high-rise residential buildings. This Redevelopment parcel includes the Building and the Current Parking Lot. ( APPRO X 124FT X263 FT ) Current tenant is paying $3,000. Per month until July 31st /2027. Call listing agent John DiLiberto broker for further information. Seller will consider the best reasonable offer and will also assist with Vender take back mortgage (VTB ) on financing if required. (id:66096)

Market Timing

Days on market

Brantford listings, avg age

63d

List price

$1.70M

Haho

This vacant land in Brantford has been listed for 1 day, which is 62 days fresher than the city average of 63. Act while there is still low competition.

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Area context

Neighbourhood profile (N3S)

This home lists at $1,700,000, about 24.8× the local median household income of $68,500.

Carrying it typically needs a household income of about $332,070 (20% down, 25-yr amortization, stress-tested) — roughly 385% above the area median.

Median household income: $68,500
Population: 27,527
Median age: 39.2
Owner / renter: 61% / 39%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N3S)

$1,700,000

For sale

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Financing

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341 COLBORNE Street East, Brantford - Vacant Land for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N3S)

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Need a commercial mortgage?