97 WELLINGTON Street, Brantford, Ontario N3T2M1

Property Description

Shovel-ready investment opportunity in the heart of downtown Brantford. This prime corner-lot property eliminates years of municipal delays, coming complete with active building permits, fully paid Development Charges, and all soft costs covered. Bypass expensive and lengthy construction delays in excavation, foundation work, and exterior framing. This site is ready for interior construction on day one, free of heritage or municipal red tape.The site features a structure completely gutted to shell condition, offering potential for 29,000 sq ft of total developed space under current permits. The layout offers incredible architectural volume, including double-height sanctuary and gymnasium spaces, providing massive vertical expansion potential to add interior floor plates within the structure. Approved plans allow for 84 rooms across 28 units over 3 storeys plus a basement level, with versatile C2 zoning allowing up to 8 storeys.Unbeatable location directly across from historic Victoria Park, steps from the public library, and directly adjacent to Wilfrid Laurier University and Conestoga College. Situated in a high-demand student hub with immense rental demand, complete with both on-site and street parking available. (id:5764)