Address
101-103 Sarah Street, Brantford, ON
Price
$ 819,000
Property Attributes
  • ID#40849131
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityBrantford
  • CityBrantford
  • AreaBrantford
  • Neighbourhood2044 - Victoria/Arthur
  • Postal CodeN3S 3A4
  • Style
  • Price$ 819,000
  • Bedrooms8
  • Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2585
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Rare investment opportunity! Welcome to this side-by-side bungalow triplex offering exceptional versatility and an impressive approximate 7.5%cap rate. The property features two original 2-bedroom, 1-bath units, each with a crawl space, plus a newly constructed (2022) 4-bedroom, 2-bath unit complete with a full basement. All three units are currently tenanted on month-to-month leases, providing immediate income withfuture flexibility. Each unit has been tastefully updated with modern finishes, is completely carpet free, and offers a functional layout that appealsto today's tenants and homeowners alike. Whether you're a savvy investor looking to expand your portfolio or a first-time buyer or downsizerhoping to offset your mortgage by living in one unit while collecting rental income from the others, this property offers outstanding potential.Ideally situated close to shopping, schools, parks, transit, and all everyday amenities, with convenient access to Highway 403 for commuters.Opportunities to own a property like this are few and far between. (id:7434)

General Features

Community Features Community Centre, School Bus
Property Type Multi-family
Zoning Description RC
Amenities Park, Place of Worship, Public Transit, Schools
Building Appliances Window Coverings
Building Cooling Type Central air conditioning, Wall unit
Location Description Take HWY 403 W to Wayne Gretzky Prkwy south to Colborne St E to Rawdon South
Parking Space Total 5
Foundation Type Poured Concrete
Building Type Triplex
Ownership Type Freehold
Building.StoriesTotal 1

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Building Heating Fuel Natural gas
Basement Development Finished
Basement Type Full (Finished)
Living Area Range 2585
Bedrooms 8

Exterior Features

Land Amenities Park, Place of Worship, Public Transit, Schools
Sewer Municipal sewage system
Exterior Finish Brick, Vinyl siding

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata 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 N3S 3A4

Price
AVG $820K
$820K