HN
816 Colborne Street E, Brantford, ON N3S 3S4, Brantford, ON
+7 photos
$1,450,000

816 Colborne Street E, Brantford, ON N3S 3S4, Brantford, ON

Brantford, ON N3S 3S4
0 beds 0 baths Other

About this home

ATTENTION DEVELOPERS! Welcome to 816 Colborne Street, Brantford! Nestled in the desirable and family-friendly Echo Place neighbourhood, this property offers the perfect blend of convenience and potential. Situated on an impressive lot measuring approximately 43.86ft x 90.63ft x 451.59ft x 94.71ft x 407.48ft, this residential gem is part of Brantford's Intensification Corridor, providing excellent opportunities for future growth. Under the new zoning by-laws with the City of Brantford, the lot will accommodate a total buildable footprint of 10,167 square feet, with a height of 38 meters. Amenities abound with shopping centres, big-box stores, and a variety of restaurants just moments away along Wayne Gretzky Parkway and Colborne Street. In proximity to schools and parks, as well as easy access to Highway 403! Serviced by the Grand Erie District School Board and the Brant Haldimand Norfolk Catholic District School Board, this property perfectly suits future families seeking a community atmosphere.

Property Score

33/ 100
Overall Property Score
poor

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
50/100fair
GO Transit, LRT, and bus access from this neighborhood.
Schools
65/100good
Based on local school rankings (Fraser Institute proxy).
Affordability
225% of city avgpoor
Priced above Brantford's average of $645,000.
Appreciation Trend
+1.4%/yrgood
Brantford has seen +1.4% YoY price change.
Monthly Cash Flow
-$7,290/mopoor
Estimated -$7,290/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
-0.42%poor
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X12940630
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.