$496.45 Per Sq Foot $5,637 est/mo Sourced by Back At You

152 Terrace Hill Street,Brantford, ON N3R 1G6

Brantford ON, N3R 1G6

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Description

RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro, Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnovers would simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property, meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2 bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hot water tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rental potential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters.

Details

MLS#40582276
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1890
Days On Site40
Listing Provided ByEXP REALTY OF CANADA INC | Jake Nicolle

Features

SQ Feet2,115
Garage2
BasementY
Story(s)2
ZoningRC OS1
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 6 minutes ago
ProvinceON
CountyBrantford
CityBrantford
Postal CodeN3R 1G6
Area2040 Terrace Hill | E & N Wards
Subarea2041 Terrace Hill
Community Name2041 Terrace Hill
Listing VS Median (in 2041 Terrace Hill)
Price:
$1,050,000
low | high
Med:
$599,900
92.866666666667% of Average
SqFt:
2,115
low | high
Med:
2,255
43.38061465721% of Average
$ / SqFt:
$496
low | high
Med:
$266
96.413747228381% of Average
On Site:
40
low | high
Med:
9.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 7:07:19 PM PDT