45-55 WORTHINGTON DRIVE, Brantford

$7,800,000

For sale: Other

Other at 45-55 WORTHINGTON DRIVE, Brantford
Property type
Industrial
MLS®
MLS® X13457910

Great Investment Opportunity! This multi-tenanted property offers excellent accessibility, M3 Heavy Industrial zoning & sits on a large 4-acre site in an emerging Industrial corridor. The building contains approximately 61,000 square feet of space, with additional outdoor storage options. There are 10 units, 9 offering updated office spaces, with most of the remaining space being dedicated to warehousing. Equipped with multiple, high-clearance rear loading docks that can accommodate different vehicle types, providing flexibility for varied logistics operations. The building offers clear span heights ranging from 10 feet-15 feet, a full sprinkler system & features 600 amps, 3-phase electrical service. Grounds are secured with auto-gate access, security cameras & back lot lighting. Lots of outdoor storage space including 3 Quonset huts. There's the bonus of a 20 kW solar panel system that feeds directly into the existing system, reducing the utility bill for the property owner. Potential to subdivide into individual condo units & capitalize on the strong demand for smaller-bay industrial ownership The property spans a frontage of 543 feet on Worthington Drive, which runs parallel to Colborne St, located within the Cainsville Industrial sector, which is just east of the City of Brantford. Exposure along Worthington Drive & Colborne St is excellent providing an Annual Average Daily Traffic (AADT) count of 15,000 (2023). Minutes from Hwy 403 providing seamless connections to Brantford, Hamilton, Woodstock & the GTA, ideal for businesses requiring efficient transportation. The County of Brant is developing a Land Use Strategy to create a Premier Employment Hub in Cainsville. Located in close proximity to Highway 403, the settlement area of Cainsville contains some of the County's largest employment lands. A prime location in one of Brantford's strategic corridors makes this a smart investment for an investor or owner occupier.

Sold data

Homes in Brantford — recent sold market

Homes in Brantford took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 60, across 228 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 65 days.

The median sale price was $599,900.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$599,900
Sale-to-list ratio
97.1%
Sold above asking
11%

Based on 228 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Brantford

Brantford has 43 Fraser Institute–rated schools (38 elementary and 5 secondary), averaging 4.4/10.

Rated schools
43
Elementary
38
Secondary
5
Average rating
4.4 / 10

Top-rated schools in Brantford

  • St. Peter — elementaryFraser rating 7.6/10
  • Assumption — secondaryFraser rating 6.9/10
  • St Gabriel — elementaryFraser rating 6.9/10
  • St. John's — secondaryFraser rating 6.6/10
  • Fairview — elementaryFraser rating 6.3/10
  • North Park — secondaryFraser rating 6.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 45-55 WORTHINGTON DRIVE