31 Chatham Street, Brantford, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Brantford. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $5,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
Description
Conditional site plan approval for proposed 10 storey building with 205 residential units and 8,000sf of commercial space. Total parking spots 210 of which 81 would be above ground and 124 would be underground. There are currently 15 residential month to month tenants generating $13,300 of monthly rent revenue, great income property UNTIL you get your building permit! Commercial building is vacant. Steps to Laurier University campus, transit, shopping and new YMCA facility. As is power of sale. Buyer to do do their due diligence. Great opportunity for builders to get their foot into the Brantford market! Everything ready to go. Bring your offer to the table and foresee a future to build.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 31 Chatham Street S, Brantford, ON N3T 2N7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Brantford, ON
For a property listed at $5,500,000 in Brantford, the legal minimum down payment is $1,100,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $123,975 for this transaction. As this listing is in Brantford (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $123,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.