Address
152 TERRACE HILL STREET, Brantford, ON
Price
$ 1,050,000
Property Attributes
  • ID#X8302766
  • TypeMulti-Family
  • CountyTORONTO
  • CityBrantford
  • NeighborhoodTerrace Hill
  • ZipN3R 1G6
  • StyleMulti-Family
  • Price$ 1,050,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2115
Data Source:
RLP - CREA EN
Property 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. **** EXTRAS **** Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters. (id:27)

General Features

Terms SALE
Appliances Dryer,Range,Refrigerator,Stove,Washer,Window Coverings
Building Type Multi-Family
Property Type Multi-family

Interior Features

Cooling Type Fully air conditioned
Heating Type Other

Exterior Features

Lot Size Unit=41.72 x 188.08 FT

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N3R 1G6

Price
AVG $1.05M
$1.05M
Visits
AVG 59
72
Data Provided by Inside Real Estate®