289-266-1003
251 Colborne St, Brantford, ON for Sale
Apartments - FOR SALE
1/5
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251 Colborne St
Brantford, ON N3T 2H3
Brantford Core


HIGHLIGHTS

  • Diverse units mix with 13 x bachelor units, 14 x 1-bedroom variations, 1 x 2-bedroom & 1 Penthouse.
  • Affordability Upside: 10 units subject to affordability restrictions expire in 2027.
  • Value add through unit renovations & improved utilization of several large rooms in the finished lower level as well as 2 offices.
  • Within 5 minute walk of Wilfred Laurier - Brantford Campus – with enrollment of ~3,000 students
  • Infrastructure in place to individually meter utilities.
  • The building remained vacant for several years prior to undergoing a full adaptive reuse conversion to residential occupancy in 2019.

OVERVIEW

Colliers is pleased to present an exclusive opportunity to acquire 251–253 Colborne Street, a 29-unit boutique multifamily asset located in the downtown core of Brantford, Ontario. The Property benefits from in-place income with near-term value-add upside, a highly walkable urban location, and direct exposure to student-driven rental demand given its proximity to Wilfrid Laurier University, Brantford Campus.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

19

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

-

APN/PARCEL ID

580250374

ASK ABOUT THIS PROPERTY

Alexander SilverColliersMore Info
289-266-1003

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Alexander SilverColliersMore Info
289-266-1003

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