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261-279 COLBORNE STREET E, Brantford, Ontario, N3T 2H3

MLS® # X8257668
Investment For Sale In Downtown, Brantford, Ontario
$3,250,000
261-279 Colborne Street E, Brantford, ON - Other
261-279 Colborne Street E, Brantford, ON - Other
261-279 Colborne Street E, Brantford, ON -
261-279 Colborne Street E, Brantford, ON - Other
261-279 Colborne Street E, Brantford, ON - Other
261-279 Colborne Street E, Brantford, ON - Outdoor
261-279 Colborne Street E, Brantford, ON - Outdoor
261-279 Colborne Street E, Brantford, ON -
261-279 Colborne Street E, Brantford, ON - Other
261-279 Colborne Street E, Brantford, ON - Other
261-279 Colborne Street E, Brantford, ON - Other
261-279 Colborne Street E, Brantford, ON -
261-279 Colborne Street E, Brantford, ON - Other
261-279 Colborne Street E, Brantford, ON  - Other
261-279 Colborne Street E, Brantford, ON  - Other
261-279 Colborne Street E, Brantford, ON  -
261-279 Colborne Street E, Brantford, ON  - Other
261-279 Colborne Street E, Brantford, ON - Other
261-279 Colborne Street E, Brantford, ON - Outdoor
261-279 Colborne Street E, Brantford, ON - Outdoor
261-279 Colborne Street E, Brantford, ON -
261-279 Colborne Street E, Brantford, ON - Other
261-279 Colborne Street E, Brantford, ON - Other
261-279 Colborne Street E, Brantford, ON - Other
261-279 Colborne Street E, Brantford, ON -
261-279 Colborne Street E, Brantford, ON - Other
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261-279 COLBORNE STREET E, Brantford, Ontario, N3T 2H3
$3,250,000

Property Information:

Opportunity knocks. This is your chance to partner with the Municipality of Brantford to develop up to 167,000' of GFA across 12 stories of this proposed residential building with 180 units on a sought-after corner lot in a prime location, right in the bustling core of downtown Brantford. Situated in the development charge free zone of the city, this location is ideal for the savvy investor who will be pleased to capitalize on the incentives being offered to bring this much needed project to market. The current proposal aims to expand the footprint of 261-279 Colborne Street East across the adjacent and under-utilized Echo Street and enhance the urban streetscape through a public-private partnership on the additional parcel. With both Wilfred Laurier University and Conestoga College campuses just footsteps from the site, this enviable location presents an extraordinary opportunity for astute developers to leave an indelible mark on the urban landscape. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 15848 Square Feet
  • Heating Type: Other
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 15848.00 Square Feet
  • Irregular: Yes
  • Lot Size: 118.19 x 136.39 FT
  • Sewer: Storm sewer

Courtesy of: KELLER WILLIAMS EDGE REALTY

REALTOR.ca  

Location of 261-279 COLBORNE STREET E, Brantford, Ontario, N3T 2H3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

33 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

33 hot days expected in 2050

53/100

High

ClimateCheck®

Current data

This property, 261-279 COLBORNE STREET E , experiences 7 hot days per year at around 31.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 35 degrees Celsius.

Projected Avg. Temperature

Past
31.4℃
2050
35℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

61/100

ClimateCheck®

Current data

This property, 261-279 COLBORNE STREET E , experiences 11 significant 2-day storms per year, with about 314.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 389mm of precipitation per year.

Precipitation Per Storm

Past
314.7mm
2050
389mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 261-279 COLBORNE STREET E, Brantford, Ontario, N3T 2H3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$71,313.99

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.78 %

High school certificate or equivalent

37.89 %

Apprenticeship trade certificate/diploma

4.08 %

College/non-university certificate

20.04 %

University Degree

17.21 %

Commuter

Travel To Work

By Car

76.64 %

By Public Transit

13.95 %

By Walking

7.73 %

By Bicycle

0.0 %

By Other Methods

1.68 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

77.3 %

Houses

22.7 %

Own Vs. Rent