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70 COLBORNE STREET, Brantford, Ontario

$1,699,999

10,946 sq ft

MLS® X13818636

Prime Downtown Brantford Investment Opportunity! Perfectly positioned in the vibrant heart of downtown Brantford, this fully occupied mixed- use property offers an exceptional blend of convenience, high demand, and significant investment potential. Located directly across from Canada's largest YMCA, the bustling casino, and Wilfrid Laurier University's Brantford campus, this property is at the epicenter of a dynamic, rapidly evolving student and professional community. The property includes five fully leased residential units, catering to a growing and steady student population of over 2,700 undergraduates and graduates, ensuring reliable rental income. The four ground-floor commercial units offer prime retail spaces in a high-traffic, sought-after downtown location with excellent visibility and consistent foot traffic from students, professionals, and local residents. The property features 10,946 sq. ft. of above-grade space and an additional 3,000 sq. ft. of below-grade space that provides diverse rental opportunities, ideal for storage, retail expansion, or other creative uses. Furthermore, the untapped attic space presents a unique opportunity for further development, whether expanding an existing residential unit for premium living or creating an entirely new unit with stunning views of the casino and Grand River. With the ongoing transformation of Laurier Brantford and the surrounding downtown area, this property is perfectly positioned to continue benefiting from year-round demand from students, professionals, and businesses. The added potential for development of the attic and below-grade spaces presents an exciting opportunity for investors looking to maximize returns and capitalize on the area's continued growth. (id:56426)

Adam Marshall

Listed by RE/MAX TWIN CITY REALTY INC.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
104,688
Median household income
$79,500
Median home value
$552,000
Owner-occupied
66%
Homes for sale
894
Median list price
$574,900

Source: Statistics Canada 2021, LiveBy

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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