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Property Type: Detached HouseOwnership: Freehold
1432 COLBORNE Street E
Brantford, ON N3T5L4
MLS® 40861005
$1,999,900
4 bed3 bath14 parking2,610 sqftBuilt 1954
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Lot size
- 3.14 acres
- Frontage
- 122 feet
RA, HC
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,747
Interior
- Basement
- Unfinished, Full
- Cooling / A/C
- Window air conditioner
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Other | Basement | 27'3'' x 33'1'' |
| Utility room | Basement | 33'8'' x 26'7'' |
| Family room | Main level | 17'8'' x 21'2'' |
| Kitchen | Main level | 9'4'' x 10'5'' |
| 3pc Bathroom | Main level | 5'6'' x 7'7'' |
| Bedroom | Main level | 10'1'' x 21'2'' |
| Dining room | Main level | 5'6'' x 7'5'' |
| Living room | Main level | 14'10'' x 15'2'' |
| Kitchen | Main level | 9'0'' x 7'5'' |
| Sitting room | Main level | 12'2'' x 12'1'' |
| Kitchen | Main level | 14'6'' x 20'11'' |
| 3pc Bathroom | Main level | 8'2'' x 6'2'' |
| Bedroom | Main level | 14'10'' x 13'7'' |
Description
Rare 3+ Acre Development & Investment Opportunity in Brant! Offering just over 3 acres of land with potential for future development, this property is an excellent opportunity for investors, developers and builders. The property is identified within the Community Node designation in the Official Plan, providing an opportunity to explore a range of potential future uses. The existing 2,610 sq ft bungalow with three separate units could provide income while you explore the property's future potential. The County's Community Node Zoning is intended for mixed-use development, including retail/commercial uses, office/commercial mixed-use, community facilities, institutional buildings, hotels, and more. With substantial land, good frontage and convenient access to surrounding amenities and major transportation routes, this property offers a unique combination of possible rental income and longer-term development potential. Whether you're looking to add to your investment portfolio, hold the property for income or explore future redevelopment opportunities, this is a property worth taking a closer look at. **The Community Node designation provides an opportunity to explore a range of potential future uses, with zoning, permitted uses and development potential to be explored with the appropriate municipal authorities. Lot dimensions and boundaries are approximate** (id:63159)
Listing Information
- MLS®
- 40861005
- Data last synced
- September 27, 2026
Voortman Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Voortman Realty Inc.
MLS® Number: 40861005
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$766/sqft
Building average
—
No other active listings in this building
2125 - SE Rural average
$686/sqft
8 active listing(s)
Parking: 14 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
6°C
—
Humidity 98%
Wind N calm km/h
Tonight
6°
Thursday
21°
Thursday night
7°
Friday
13°
Friday night
-1°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
104,688
(2021 Census)
+6.2% since 2016
Density: 1,061.2/km²
Dwellings:
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($399,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$1,599,920.00
Periodic payment — Principal & Interest (monthly)$10,322.14
Additional monthly expenses (condo fees, tax, utilities, etc.)$526.58
Total monthly cost$10,848.72
Interest paid over 5-yr term$458,541.67
Balance at end of term$1,439,133.21
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$399,980
Stress test qualifying rate8.19%
Payment you must qualify for$12,405.37
Cash Needed at Closing
Minimum down payment$399,980
Estimated Land Transfer Tax (LTT)$36,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$437,953
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.