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Property Type: TownhouseOwnership: Freehold
585 COLBORNE Street E Unit# 107
Brantford, ON N3S0K4
MLS® 40835450
$629,919
3 bed4 full, 2 half bath2 parking2,097 sqftBuilt 2023
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 3
- Frontage
- 18 feet
C3-18
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Freehold
- Condo / maintenance fee
- $135/mo
- Annual property tax
- $3,887.07
Maintenance Fee Includes
Also included: Other, See Remarks
Interior
- Basement
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Third level | 5'11'' x 3'3'' |
| 4pc Bathroom | Third level | 4'10'' x 8'11'' |
| Bedroom | Third level | 7'10'' x 8'6'' |
| Bedroom | Third level | 11'10'' x 8'11'' |
| 5pc Ensuite bath | Third level | 8'7'' x 8'11'' |
| Primary Bedroom | Third level | 14'11'' x 16'11'' |
| Other | Second level | 9'4'' x 7'7'' |
| 2pc Bathroom | Second level | 4'11'' x 4'4'' |
| Dining room | Second level | 16'2'' x 12'2'' |
| Kitchen | Second level | 13'4'' x 13'4'' |
| Living room | Second level | 11'3'' x 16'11'' |
| 2pc Bathroom | Main level | 8'8'' x 6'7'' |
| Other | Main level | 14'6'' x 16'11'' |
Description
Welcome to #107-585 Colborne Street, an exceptional mixed-use property that seamlessly combines professional versatility with upscale residential living. This property provides the perfect balance of business functionality and modern comfort in one desirable location. The main level features a premier commercial suite complete with its own private 2-piece bathroom, creating an ideal space for an income-generating commercial opportunity. Surrounded by a thriving mix of established businesses including a law office, optometrist, barber shop, beauty supply store, sandwich shop, and other successful local retailers, this location offers excellent exposure within a vibrant commercial community. Above, the upper levels transition into a beautifully designed residential retreat that offers 3 bedrooms plus a den. The second level boasts an open-concept layout featuring a stylish modern kitchen overlooking the living room, creating an inviting atmosphere for entertaining. A door from the living room provides direct access to the front deck, perfect for enjoying morning coffee or unwinding outdoors. A separate dining area offers ample space for large family dinners and entertaining guests. The third level serves as a luxurious private sanctuary highlighted by the impressive primary retreat. This elegant space features a walk-in closet, private balcony, and a spa-inspired 5-piece ensuite complete with a separate soaker tub and glass shower. Two additional bedrooms, a well-appointed 4-piece bathroom, and the convenience of upper-level laundry complete this thoughtfully designed floor. Ideally located in a thriving community this property is close to Hwy 403, schools, shopping centres, restaurants, parks, and everyday amenities. Combining commercial potential with sophisticated residential living, this truly unique property delivers an outstanding lifestyle and investment opportunity in one remarkable package. Some images shown may be virtually staged. (id:63161)
Listing Information
- MLS®
- 40835450
- Data last synced
- October 21, 2026
Pay It Forward Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Pay It Forward Realty
MLS® Number: 40835450
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 Brantford Regional Real Estate Assn Inc.
Values & Trends
This listing
$300/sqft
Building average
—
No other active listings in this building
2044 - Victoria/Arthur average
—
2 active listing(s)
Parking: 2 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: 6.0% ($37,992) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$503,935.00
Periodic payment — Principal & Interest (monthly)$3,251.22
Additional monthly expenses (condo fees, tax, utilities, etc.)$563.68
Total monthly cost$3,814.90
Interest paid over 5-yr term$144,429.22
Balance at end of term$453,291.16
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$37,992
Stress test qualifying rate8.19%
Payment you must qualify for$4,589.65
Cash Needed at Closing
Minimum down payment$37,992
Estimated Land Transfer Tax (LTT)$9,073
Legal / closing costs (typical estimate)$1,500
Total cash needed$48,565
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.
