Here , This prime property in Bradford offers an incredible opportunity for developers and investors.

With its proximity to Go Transit, local amenities, and its versatile R3 zoning, this site is ideal for a condo, nursing home, or apartment development, especially with government incentives supporting such projects.

 

Property Highlights:

  • Location: Bradford, ON
  • Price: $12.3 Million (Estimated $35,000 per door once SPA is obtained)
  • Potential GFA : 400,000 square with 351 units in 11 Story     ($30/sqf Buildable)
  • Previously approved for 218 units (7 storey, GFA: 223,942 sq. ft.) + 2 level underground Parkings
  • (Appraisal Value: $11.8 Million (April 2023) )
  • Status: Going through OPA & ZBA (Expected SPA in March-May 2024)
  • Total Acreage: 9.2 Acres (Usable : 5.4 Acres)
  • Vendor Take Back (VTB) financing possible.
  • Close to Go Transit Hub
  • Walking Distance to No Frills and Amenities
  • Zoning: R3 (Supports Condominium, Apartment, and Nursing)
 

 

Key Features:

  • 1-minute walk to No Frills and Go Transit hub
  • Access to all amenities
  • Close to lakes and Upper Canada Mall
  • R3 zoning allows for high-density development.
  • Existing sanitary/storm sewers along Line 8
  • Access to municipal services
  • Frontage: 452 feet

 
Let me know if you wish to sign our BRA & CA for further informations?